AscentHR Acquires OS HRS to Strengthen APAC Payroll Leadership

KUALA LUMPUR, Malaysia, July 6 (Bernama) -- 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.