Immedis acquires international payroll services provider Expaticore for $10 million

The company’s aim is to expand its presence in both the US and internationally.

Irish international payroll and mobility tax services provider Immedis has acquired US-based Expaticore for $10 million in a bid to step up its ambitious growth plans.

Expaticore, which also provides payroll services, has an established domestic and international client base.

Ruairi Kelleher, Immedis’ executive director, told the local Independent newspaper: “We see real potential for the services we offer in the US market and are delighted to welcome our colleagues at Expaticore on board. There are clear synergies between the two businesses including our existing technology and tax expertise and their expertise on international payroll.”

The company also announced that it intends to create 150 new jobs over the next three years, the majority of which will be in Ireland.