AscentHR Expands Regional Payroll Capabilities With OS HRS Acquisition

KUALA LUMPUR, July 6 (Bernama) -- AscentHR, a human resources (HR) technology, payroll, compliance, and workforce solutions provider, has acquired OS HRS to expand its regional payroll capabilities across countries, enhancing support for multinational enterprises across the Asia-Pacific (APAC) and the Middle East.

The combined organisation will provide deep local compliance expertise backed by in-country specialists, HR technology and enterprise platform integration, faster regional payroll implementations, and native-language support and responsive customer service.

AscentHR in a statement said the acquisition was completed through a single-stage transaction under which it acquired 100 per cent of the equity share capital of OS HRS Malaysia, OS HRS Japan, and OS HRS India from BREXA Inc.

The company’s Founder and Chief Executive Officer, Subramanyam Sreenivasaiah said the acquisition marked an important milestone in AscentHR's vision of building a leading regional payroll and workforce solutions platform.

“Together, we are creating a stronger organisation with expanded capabilities, enhanced regional reach, and the ability to deliver greater value to customers across APAC,” he added.

The acquisition significantly strengthens AscentHR’s regional presence and in-country operations across key markets, including India, Japan, China, Malaysia, Korea, and Singapore.

The integration, which will be carried out in a phased manner, combines AscentHR's HR technology, managed services, and compliance capabilities with OS HRS' established payroll operations and regional delivery expertise.

-- BERNAMA

AscentHR Expands Regional Payroll Capabilities With OS HRS Acquisition

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