Zellis UK Limited
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
Zellis UK Limited - overview
Established
1963
Location
Bristol, -, UK
Primary Industry
Software
About
Established in 1963 and based in Bristol, UK, Zellis UK Limited operates as a provider of cloud-based HR platform solutions, such as payroll and recruitment solutions. In April 2024, Apax Partners agreed to acquire Zellis UK Limited from Bain Capital for approximately GBP 1. 25 billion. As of 2024, the company is led by its CEO, John Petter.
Some of the company’s customers include Vision Express, Sky, Serco, Iceland, Harrods, UniCredit Bank, Jaguar, and others. The company's primary product, HCM Cloud, offers a comprehensive suite of cloud-based services. It combines advanced functionality with integration that allows organizations to streamline payroll, core HR, and broader HR functions. Zellis specializes in payroll solutions that offer payroll software that provides advanced features such as flexible payments, reporting, and analytics, while their managed payroll services offer expert assistance in payroll processing, resilience services, and value maximization.
In addition, the firm provides Core HR solutions designed to simplify employee management processes, including onboarding, training, and retention. Zellis also offers a range of services to support its clients, including managed payroll services, payroll assistance, and analytics consulting.
Current Investors
Bain Capital
Primary Industry
Software
Sub Industries
e-Financial, Accounting/Finance Software, Analytics & Performance Software, Application Integration Software, HR & Workforce Software
Website
www.zellis.com/
Verticals
Cloud Computing, FinTech
Total Amount Raised
Subscriber access only
Zellis UK Limited - timeline of key events
Zellis UK Limited - financials
| Fiscal Year Ended | Apr 30, 2011 | Apr 30, 2012 | Apr 30, 2013 | Apr 30, 2014 | Apr 30, 2015 | Apr 30, 2016 | Apr 30, 2017 | Apr 30, 2018 | Apr 30, 2019 | Apr 30, 2020 | Apr 30, 2021 | Apr 30, 2022 | Apr 30, 2023 | Apr 30, 2024 | Apr 30, 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 126,581,000 | 126,471,000 | 124,479,000 | 125,951,000 | 111,124,000 | 112,540,000 | 114,655,000 | 107,472,000 | 100,612,000 | 98,388,000 | 98,779,000 | 100,871,000 | - | - | - |
| % Revenue Growth (YoY) | - | (0.1%) | (1.6%) | 1.2% | (11.8%) | 1.3% | 1.9% | (6.3%) | (6.4%) | (2.2%) | 0.4% | 2.1% | - | - | - |
| EBITDA (USD) | 30,720,000 | 15,513,000 | 14,415,000 | 21,692,000 | 17,315,000 | 12,136,000 | 6,217,000 | 22,362,000 | 14,491,000 | 22,259,000 | 23,098,000 | 32,586,000 | - | - | - |
| Operating Income (USD) | 20,354,000 | 5,392,000 | 4,427,000 | 15,752,000 | 11,749,000 | 6,429,000 | 882,000 | 10,540,000 | 3,752,000 | 7,072,000 | 9,077,000 | 20,499,000 | - | - | - |
| Operating Margin | 16.1% | 4.3% | 3.6% | 12.5% | 10.6% | 5.7% | 0.8% | 9.8% | 3.7% | 7.2% | 9.2% | 20.3% | - | - | - |
| % EBITDA Margin | 24.3% | 12.3% | 11.6% | 17.2% | 15.6% | 10.8% | 5.4% | 20.8% | 14.4% | 22.6% | 23.4% | 32.3% | - | - | - |
| NET Income (USD) | 7,099,000 | 4,953,000 | (1,735,000) | 9,723,000 | 6,180,000 | 257,000 | (415,000) | (9,198,000) | 508,000 | 6,938,000 | 6,549,000 | 21,161,000 | - | - | - |
| % Net Margin | 5.6% | 3.9% | (1.4%) | 7.7% | 5.6% | 0.2% | (0.4%) | (8.6%) | 0.5% | 7.1% | 6.6% | 21.0% | - | - | - |
Zellis UK Limited - 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 | Hastee Pay Ltd | - | ||||||||
| Add-on, Trade Sale | Completed | elementsuite Ltd | - | ||||||||
| Add-on, Trade Sale | Announced | Benify AB | - | ||||||||
| Secondary Buyout | Completed | Zellis UK Limited | - | ||||||||
| Spin-Off | Completed | Zellis UK Limited | - |
Displaying 1 - 5 of 5
Zellis UK Limited - employee data
Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.