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Moorepay

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Moorepay[edit]

Moorepay
Privately held company
ISIN🆔
IndustryPayroll, HR, Health & Safety, Employment Law
Founded 📆1966
Founder 👔
Headquarters 🏙️Hemel Hempstead
Area served 🗺️
OwnerBain Capital
Members
Number of employees
460
ParentNorthgateArinso UK Limited
🌐 Websitehttp://www.moorepay.co.uk
📇 Address
📞 telephone

Moorepay is a specialist provider of payroll and HR solutions for businesses in the United Kingdom & Ireland. The company operates from its headquarters in Hemel Hempstead and supports the management of outsourced payroll and HR services for over 10,000 customers.

Moorepay process over half a million payslips each month and transfer over £15 billion pounds of salaries each year via BACS payments.

History[edit]

The company was founded under the name Douglas Moore Ltd by Sandy Nicol on 10th November 1966 in Surbiton, South-West London.

In the early nineties the company changes its name to Moorepay Limited and acquired local payroll bureau's CCS, ACT, Barclays Bank Payroll Services, CMS Bristol and Paymaster.

Moorepay floated on the London Stock Exchange AIM in 1995 and was later named ‘Company of the Year’ at the AIM Awards.

Rebus Group acquires Moorepay for £41.1 million in January 2000[1] and later that decade the Rebus Group is purchased by Northgate Information Solutions creating a market leader within the UK Payroll and HR marketplace under the brand name NGA Human Resources. [2]

Moorepay makes an investment of its own in 2007 by acquiring First Business Support Limited and in doing so, widens its proposition to include Employment Law and Health & Safety services.[3]

In 2013 Moorepay became one of the first payroll outsourcing providers to become accredited by the Chartered Institute of Payroll Professionals (CIPP) under the Payroll Assurance Scheme.[4]

NGA Human Resources announces the sale of its UK local businesses (including Moorepay) to Bain Capital Private Equity.[5]

References[edit]

  1. "Rebus takesover Moorepay". This is Money. Retrieved 2018-08-26.
  2. "Northgate acquires Rebus HR". HRZone. 2004-01-28. Retrieved 2018-08-26.
  3. "Moorepay Acquires First Business Support | Onrec". www.onrec.com. Retrieved 2018-08-26.
  4. CIPP. "Accredited organisations". www.cipp.org.uk. Retrieved 2018-08-26.
  5. Capital, Bain. "NGA Human Resources announces the sale of its UK local businesses to Bain Capital Private Equity | Bain Capital". www.baincapital.com. Retrieved 2018-08-26.

External Links[edit]


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