elementsuite Ltd
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elementsuite Ltd - overview
Established
1999
Location
Watford, Hertfordshire, UK
Primary Industry
Software
About
Based in the UK, elementsuite Ltd offers an AI-driven suite of enterprise HR, Workforce Management, and Payroll software designed to enhance organizational efficiency and employee engagement. elementsuite Ltd, founded in 1999 and headquartered in Watford, UK, specializes in providing comprehensive HR and workforce management solutions. The company has successfully executed 2 deals, with the most recent deal occurring on January 9, 2025, when Zellis UK Limited acquired elementsuite from AdviserPlus Business Solutions Limited, with financial terms undisclosed. elementsuite specializes in offering an all-encompassing, AI-enabled suite of enterprise HR, Workforce Management (WFM), and Payroll software designed to optimize organizational efficiency and enhance employee engagement.
The core functionalities of their platform include recruitment and onboarding, employee engagement tools, integrated payroll processing, time and attendance tracking, performance management, forecasting and planning, and staff scheduling. These products serve to streamline HR processes, reduce administrative burdens, and empower employees with self-service capabilities across multiple devices, facilitating seamless access to necessary functions from any location. The software targets a diverse client base across industries such as retail, hospitality, manufacturing, and finance, with usage reported in geographical markets that include the United Kingdom, Ireland, and select international locations. Notable clients include McDonald's UK & Ireland and Travelodge, indicating a robust application of elementsuite's solutions in managing complex workforce dynamics in large organizations.
elementsuite generates revenue primarily through subscription-based pricing models for its comprehensive HR and WFM software solutions. Clients typically engage with elementsuite under multi-year agreements that provide access to the full suite of services, ensuring consistent operational support and regular updates. The transaction structure is predominantly B2B, focusing on partnerships with medium to large enterprises that require tailored solutions to manage their workforce effectively. Pricing plans are structured according to the scale of implementation and the specific needs of the client organization, allowing for customization based on the features selected, such as recruitment, payroll integration, or advanced analytics.
Revenue is realized through these subscription agreements, which provide a stable income stream while facilitating ongoing client relationships and enhancements to the software ecosystem. With the acquisition by Zellis UK Limited expected to enhance its payroll and HR platform, elementsuite aims to leverage this change to introduce new features and products in the upcoming year. The company is focusing on expanding into additional markets, particularly within Europe and North America, by late 2025. The recent acquisition funding will support these strategic initiatives and bolster the development of innovative offerings to better serve its growing client base.
Current Investors
AdviserPlus Business Solutions Limited
Primary Industry
Software
Sub Industries
Accounting/Finance Software, HR & Workforce Software
Website
www.elementsuite.com
Company Stage
Add-on
Total Amount Raised
Subscriber access only
elementsuite Ltd - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on, Trade Sale | Completed | elementsuite Ltd | - | ||||||||
| Add-on | Completed | elementsuite Ltd | - |
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