M&A Deal Summary

TopSource Worldwide Acquires Blueback Global

On November 1, 2022, TopSource Worldwide acquired business services company Blueback Global

Acquisition Highlights
  • This is TopSource Worldwide’s 1st transaction in the Business Services sector.
  • This is TopSource Worldwide’s 1st transaction in the United States.
  • This is TopSource Worldwide’s 1st transaction in California.

M&A Deal Summary

Date 2022-11-01
Target Blueback Global
Sector Business Services
Buyer(s) TopSource Worldwide
Deal Type Add-on Acquisition

Target

Blueback Global

Cupertino, California, United States
Blueback Global is providing employer of record, entity set-up, entity management, multi-country payroll and global HR solutions for its customers across 50 global markets. Blueback Global is based in Cupertino, California.

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Buyer(S) 1

Buyer

TopSource Worldwide

London, United Kingdom

Category Company
Founded 2004
Sector Staffing
DESCRIPTION

TopSource Worldwide provides a comprehensive range of payroll, accounting, and HR-related services. These include gross-to-net calculation, Auto-enrolment, Workplace Pensions, BACS processing, timesheet processing, holiday tracking, staffing solutions, and much more. TopSource Worldwide was formed in 2004 and is based in London, United Kingdom.


DEAL STATS #
Overall 2 of 2
Sector: Business Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: California M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2022 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-08-11 PEO Worldwide

Birmingham, United Kingdom

PEO Worldwide supports companies looking to expand into new territorial markets. The company offers a full employment service internationally using its extensive infrastructure. Allowing new and established businesses to employ in country personnel without the need to incorporate in territory. Specialties include Global payroll, Global employee benefits, Employment contracts, ASO, PEO, RPO, BPO, and HCM. PEO Worldwide was formed in 2013 and is based in Birmingham, United Kingdom.

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