AscentHR Strengthens Regional Payroll Leadership with Strategic Acquisition of OS HRS

SINGAPORE, 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.