Macdonald Henderson advises on disposal of Capital Payroll Services

Macdonald Henderson advises on disposal of Capital Payroll Services

Macdonald Henderson has advised the shareholders of Capital Payroll Services, a fully-managed payroll service provider to the UK market on its disposal to TopSource Worldwide, the employer services, payroll and Employer of Record service provider.

This is the fifth acquisition since TopSource Worldwide received investment from Horizon Capital in December 2020, and the second in the UK Payroll space in 9 months.

Based in central Scotland, Capital Payroll Services further strengthens TopSource Worldwide’s already established payroll services offering, adding scalability and an increased presence in Scotland.

Guil Hastings, CEO, TopSource Worldwide commented: “I am excited to welcome Capital Payroll Services to the TopSource Worldwide group.

“TopSource Worldwide continues to grow as an experienced and trusted payroll and Employer of Record provider, with our customers at the heart of what we do.

“We are committed to delivering the very best in payroll and employer services and are looking forward to building on the Capital Payroll Services team’s great work, particularly with their established footprint in Scotland.

“We understand how important it is to ensure continued, high-quality delivery and will ensure clients continue to receive great service.”

Suzie Paton, co-founder, Capital Payroll Services, added: “Having founded Capital Payroll in 2010 and grown it into an established payroll bureau in Scotland, I am happy to have found a new partner for the business that shares my belief in delivering exceptional customer service and maintaining long-term relationships.

“I am extremely confident that our customers and staff will benefit from being part of the TopSource Worldwide group.”

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