ADP, a human resources company based in Roseland, announced Monday it has acquired Celergo, a provider of global payroll management systems.
Financial terms were not disclosed.
The deal will enhance ADP’s international payroll offerings, it said.
“Celergo enhances ADP’s multi-country payroll capabilities in a rapidly evolving global market and will improve the client experience and drive revenue growth. This builds on our recent acquisitions of Global Cash Card and WorkMarket, all of which address a changing workforce that is increasingly global, freelance or part-time, and requires flexible payment solutions,” Carlos Rodriguez, CEO and president of ADP, said.
The acquisition will also allow ADP to capitalize on growth opportunities as the market shifts toward global human capital management solutions, it said. Celergo will extend ADP’s footprint and bring more than 200 multinational client relationships to its roster.
“ADP is already a leader in the fast-growing global Human Capital Management segment. The acquisition of Celergo will allow us to leverage a proven platform that will improve both our client and partner experience. We look forward to welcoming the Celergo team to ADP and working together to provide even better solutions for our clients around the globe,” Don McGuire, president of Employer Services International at ADP, said.
“We have long-admired ADP’s incredible scale and success and are thrilled to be joining the company at this exciting time in the global human capital management market. Our team has built strong solutions for our clients across the globe and I look forward to seeing how we can further excel in this shifting market with the support and resources of ADP,” Tim Callahan, CEO of Celergo, said.