[UK] Ciphr acquires Shape Payroll

[UK] Ciphr acquires Shape Payroll
05 Jun 2024

Ciphr - an ECI-backed, SaaS HR provider - has acquired Shape, a cloud-based payroll platform as part of moves to scale its payroll business, Tech Market View reports.

Ciphr is a UK-based provider of HR, learning management and payroll solutions serving over 800 clients including the Met Office, Financial Conduct Authority, Takeda Pharmaceuticals, Barnardo's, Police Scotland and Volkswagen UK. 

The firm has reportedly sought to acquire UK businesses that fit with its core HCM offering as it works to provide clients with access to more ‘off the shelf’ products and services. 

Shape is an API-led payroll solution that should help Ciphr escalate its payroll business. Shape’s founders, Alex and Cheri Bartlett, and their team are all joining Ciphr.

Sion Lewis - CEO of Ciphr - said, “We’re thrilled to welcome Alex and Cheri to the Ciphr team. Shape is a cutting-edge, API-first payroll solution that has a great reputation in the payroll sector. Shape’s applications are extensive and well-suited to medium and large-sized organisations, like Ciphr’s customers”.


Source: Tech Market View

(Quote via original reporting)

Ciphr - an ECI-backed, SaaS HR provider - has acquired Shape, a cloud-based payroll platform as part of moves to scale its payroll business, Tech Market View reports.

Ciphr is a UK-based provider of HR, learning management and payroll solutions serving over 800 clients including the Met Office, Financial Conduct Authority, Takeda Pharmaceuticals, Barnardo's, Police Scotland and Volkswagen UK. 

The firm has reportedly sought to acquire UK businesses that fit with its core HCM offering as it works to provide clients with access to more ‘off the shelf’ products and services. 

Shape is an API-led payroll solution that should help Ciphr escalate its payroll business. Shape’s founders, Alex and Cheri Bartlett, and their team are all joining Ciphr.

Sion Lewis - CEO of Ciphr - said, “We’re thrilled to welcome Alex and Cheri to the Ciphr team. Shape is a cutting-edge, API-first payroll solution that has a great reputation in the payroll sector. Shape’s applications are extensive and well-suited to medium and large-sized organisations, like Ciphr’s customers”.


Source: Tech Market View

(Quote via original reporting)

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