IFS Payroll Services
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IFS Payroll Services - overview
Established
1995
Location
-, Gloucestershire, UK
Primary Industry
Outsourcing
About
IFS Payroll Services, based in the UK, offers specialized payroll outsourcing solutions to efficiently handle payroll processes for businesses, ensuring compliance and accuracy in payroll management. Founded in 1995 in the UK, IFS Payroll Services provides comprehensive payroll management services. The company does not have known subsidiaries, nor has it undergone significant pivots in its business strategy. It was formed independently without any mergers.
The firm has completed a single deal, with its most recent transaction occurring on October 2, 2025. IFS Payroll Services specializes in comprehensive payroll outsourcing solutions designed to manage payroll processes effectively. Their services encompass complete payroll management, from calculations to compliance with tax regulations. They also provide auto-enrolment management, assisting businesses with mandatory pension scheme requirements.
Their clientele includes small to medium-sized enterprises (SMEs) across various sectors in the UK, focusing on payroll accuracy and compliance. IFS Payroll Services generates revenue through a subscription-based model for ongoing payroll management services. Clients typically engage in monthly or quarterly payment plans for comprehensive payroll solutions. Specific pricing plans are undisclosed but are structured to allow predictable budgeting for payroll expenses based on service scale.
On October 2, 2025, IFS Payroll Services was acquired by The Access Group, a portfolio company of GIC, Hg, and TA Associates. The financial terms of the acquisition were not disclosed. This acquisition is expected to enable The Access Group to expand its platform capabilities, aligning with its strategic growth initiatives.
Current Investors
The Access Group
Primary Industry
Outsourcing
Sub Industries
Human Resources Services
Website
www.ifspayrollservices.co.uk
Company Stage
Add-on
Total Amount Raised
Subscriber access only
IFS Payroll Services - 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 | Completed | IFS Payroll Services | - |
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