FMP Global

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FMP Global - overview

Established

1990

Location

Slough, -, UK

Primary Industry

Software

About

FMP Global provides effective global workforce management solutions, specializing in outsourced HR and payroll services to help businesses streamline international operations while ensuring compliance with local labor laws. FMP Global, founded in 1990, is headquartered in Slough, UK. The company offers outsourced HR and payroll services, which facilitate compliance with international employment laws. In August 2019, FMP Global was acquired by IRIS Software Group Limited for GBP 137 million, with Tenzing Private Equity having retained a minority stake.


The firm has completed a total of 2 deals. FMP Global specializes in comprehensive global workforce management solutions, primarily offering outsourced HR and payroll services designed to streamline international operations for businesses. Their core services encompass international payroll management, compliance with employment laws, and support for global mobility. By leveraging in-country payroll specialists, FMP Global ensures that payroll processes are accurate and compliant with local regulations, allowing clients to focus on growth without the complexities of local labor laws.


Their solutions cater to a diverse clientele, ranging from mid-sized enterprises to large corporations seeking to expand their workforce across multiple countries. FMP Global operates in over 135 countries, including markets across Europe (like the United Kingdom and Germany), Asia-Pacific (such as Australia and Japan), and the Americas (including the United States and Canada), effectively addressing the needs of businesses intending to operate on a global scale. FMP Global generated revenue of GBP 0 in the most recent year, with an EBITDA of GBP -43,260. 6.


The company generates revenue through structured service offerings, including subscription-based models for their HR and payroll solutions. Clients typically engage FMP Global for ongoing support, including payroll processing, compliance management, and advisory services. The company plans to enhance its service offerings by designing new products aimed at improving HR solutions and payroll efficiency, although specific release dates have not been disclosed. FMP Global is also looking to expand into new markets across Asia and the Americas by 2025.


The recent acquisition by IRIS Software Group will enable the company to leverage additional resources to support these growth initiatives.


Current Investors

Access Capital Partners, Tenzing Private Equity, Hg

Primary Industry

Software

Sub Industries

Offshore IT Services/IT Outsourcing, Human Resources Services, Accounting/Finance Software, HR & Workforce Software

Website

www.fmpglobal.com

Company Stage

Add-on

Total Amount Raised

Subscriber access only

FMP Global - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(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 SaleCompletedFMP Global-
Add-onCompletedPKF Cooper Parry's Payroll Division-
Add-onCompletedMCN Associates-
BuyoutCompletedFMP Global-

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