Deal Details

iiPay Is Acquired by Vistra

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Summary

About

iiPay’s scalable, multi-country platform is driven by innovative technology that automates and solves the complexities of managing global payroll, increasing time savings, reducing manual intervention and enhancing the experience for clients’ employees. Combining this technology with local payroll delivery through in-house payroll experts and a strong partner network of in-country affiliates with deep understanding of local legislation and regulatory requirements, creates a compelling end to end scaled global payroll solution. iiPay has been implemented at more than 270 businesses in more than 150 countries, making them more efficient, compliant and adaptable with improved employee productivity and satisfaction. iiPay is headquartered in Dallas, Texas.

Teakwood Capital was founded in 2005 on the premise of bringing equity capital, strategic advice and marketing expertise to micro-cap, undercapitalized companies, thus launching them to higher growth and profitability. Teakwood Capital invests equity capital primarily in profitable businesses with revenues under $25 million. The firm is backed by its Managing Directors, prominent local investors, family offices and institutional investors. Teakwood Capital is headquartered in Dallas, Texas.

Vistra is a leading provider of essential business services to help companies and private capital funds grow across the entire business and investment lifecycle. Vistra exists to remove the friction that comes from the complexity of global business – to help its clients achieve progress without friction. They partner with companies and private capital managers along with the corporate and private capital lifecycle. From HR to tax and from legal entity management to regulatory compliance, they quietly fix the operational and administrative frustrations that hamper business growth. With over 9,000 experts in more than 50 markets, Vistra can accelerate progress, improve processes and reduce risk, wherever your ambition takes you. Vistra is headquartered in Singapore, Singapore.

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