Acquisition expands regional payroll capabilities across countries, enhancing support for multinational enterprises across Asia-Pacific and the Middle East
SINGAPORE, July 6 (Bernama-BUSINESS WIRE) -- AscentHR, a leading provider of HR technology, payroll, compliance, and workforce solutions, today announced the acquisition of OS HRS, a trusted APAC-focused payroll outsourcing provider with over two decades of experience in delivering multi-country payroll services.
The acquisition was completed through a single-stage transaction under which AscentHR acquired 100% of the equity share capital of OS HRS Malaysia, OS HRS Japan, and OS HRS India from BREXA Inc. (formerly Outsourcing Inc.), Tokyo, Japan. Financial terms of the transaction were not disclosed.
The acquisition significantly strengthens AscentHR's regional presence, strengthening its payroll delivery capabilities, compliance expertise, and in-country operations across key markets including India, Japan, China, Malaysia, Korea, Singapore, and several other countries across Asia-Pacific and the Middle East.
With OS HRS joining the AscentHR family, the combined organisation will support payroll operations across the APAC region, offering multinational enterprises a stronger platform for managing payroll, compliance, and workforce administration through deep local expertise and a unified regional delivery model.
Commenting on the acquisition, Subramanyam S., Founder & CEO, AscentHR, said:
"This marks an important milestone in AscentHR's vision of building a leading regional payroll and workforce solutions platform. OS HRS brings deep regional expertise, strong customer relationships, and an outstanding reputation for payroll excellence. Together, we are creating a stronger organisation with expanded capabilities, enhanced regional reach, and the ability to deliver greater value to customers across Asia-Pacific."
The integration combines AscentHR's HR technology, managed services, and compliance capabilities with OS HRS' established payroll operations and regional delivery expertise. The combined organisation will provide:
- Deep local compliance expertise backed by in-country specialists
- HR technology and enterprise platform integration
- Faster regional payroll implementations
- Native-language support and responsive customer service
Integration will be carried out in a phased manner to ensure seamless continuity for customers, employees, and partners while creating new opportunities for innovation and regional growth.
About AscentHR: AscentHR is a leading provider of Human Capital Management, Payroll, Compliance, and Workforce Solutions, helping organisations simplify workforce management through technology-enabled products and managed services.
About OS HRS: OS HRS is an APAC-focused payroll outsourcing provider delivering end-to-end managed payroll services across multiple countries through its regional delivery hubs in Malaysia, Japan, and India.
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https://www.businesswire.com/news/home/20260704448469/en/ ContactMedia Relation ContactShashank Sethi - +91-9958196997,
shashank.sethi@ihorizoncommunications.com Source : AscentHR
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