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  5. IRIS Acquires Octopus HR

M&A Deal Summary

IRIS Acquires Octopus HR

On April 20, 2016, IRIS acquired staffing company Octopus HR

Acquisition Highlights
  • This is IRIS’s 1st transaction in the Staffing sector.
  • This is IRIS’s 7th transaction in the United Kingdom.

M&A Deal Summary
Date 2016-04-20
Target Octopus HR
Sector Staffing
Buyer(s) IRIS
Deal Type Add-on Acquisition

Target

Octopus HR

High Wycombe, United Kingdom
Octopus HR is a provider of people-critical software to businesses in the UK. Octopus was among the first true SaaS HR software providers in the world. The Octopus SaaS-based HR solution has dominated the industry’s ‘micro to SME business’ segment since 2002.

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Buyer(S) 1

Buyer

IRIS

Slough, United Kingdom
Category Company
Founded 1978
Sector Software
DESCRIPTION

IRIS is a private software house supplying business management solutions to over 60,000 customers, from start-ups to large organisations. IRIS was founded in 1978 and is based in Slough, United Kingdom.

DEAL STATS #
Overall 7 of 25
Sector: Staffing M&A 1 of 1
Type: Add-on Acquisition M&A Deals 7 of 23
Country: United Kingdom M&A 7 of 20
Year: 2016 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-05-06 Keytime

Slough, United Kingdom

Keytime Ltd. is a provider of accountancy practice software. The Company was formed in 1989.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-01-05 PS Financials

Cambridge, United Kingdom

PS Financials Ltd. is an accounting, purchasing, budgeting and reporting software.

Buy -
Mergr

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