The Compliance Group Limited
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Outsourced employer services provider, The Compliance Group Limited, has been acquired by Hong Kong and Singapore-based Black Mountain HR for an undisclosed sum.
Headquartered in Basingstoke, Hampshire, The Compliance Group offers outsourced HR, Payroll, Health & Safety and Cloud solutions to a wide range of clients within public, service, retail, industrial and education sectors.
Over 120 potential buyers were identified by KBS Corporate, resulting in 15 interested parties and multiple bids received for the business, with Black Mountain HR’s offer matching our client’s objectives and granting him a smooth exit following a brief handover period.
With offices in Hong Kong, Singapore and the UK, Black Mountain is one of Asia Pacific’s leading providers of outsourced professional services, delivering integrated services across Hong Kong, Singapore, Australia, Korea, Philippines, Thailand, Taiwan, Japan and Malaysia.
The acquisition will see Black Mountain increase its market share within the UK whilst retaining the existing staff and premises.