SAN FRANCISCO–(BUSINESS WIRE)–Global payroll and HR company Deel announced today that it is acquiring African-based payroll and HR company PaySpace for an undisclosed amount. It also announced that it has achieved $500M in annual recurring revenue (ARR) within five years of founding. The acquisition of PaySpace positions Deel as a market leader in global payroll, deepening Deel’s native infrastructure and coverage. PaySpace has more than 20 years of payroll technology experience, providing pa
Business Wire Merger/Acquisition News
