Advo Acquires Pay-Nex to Strengthen HR and Payroll Leadership

Advo One Limited, the HR and Payroll consultancy, has completed a deal to buy the Surrey based Payroll Bureau, Pay-Nex Limited, for an undisclosed sum.

Pay-Nex was established in 2015 and process the payrolls of a diverse range of clients, which is attractive to Advo with its focus on supporting SMEs. Pay-Nex works with Accountant firms, a speciality of Advo, and sector areas such as hospitality and care where Advo has considerable expertise. Pay-Nex have an excellent reputation for client service that aligns with the Advo client centric approach. Payroll staff will be retained and Dena Dixon, Pay-Nex’s Managing Director, will initially remain within the business to ensure a smooth integration.

All clients have access to Advo’s bespoke HMRC and BACS approved software providing unrivalled levels of flexibility with managing their payroll. Advo also use other market software where suitable.

Advo’s HR service provides clients all the protections and advantages of having an in-house human resources team.

Under the terms of the acquisition, Pay-Nex will become part of Advo’s payroll division with clients now having access to wider services including technology platforms and HR support.

Commenting on the acquisition, Larry Bulmer, Advo’s CEO said “This is an exciting opportunity for Advo and Pay-Nex clients too. They will have the same client care with access to wider Advo services including HR advice and our technology platforms. Pay-Nex’s expertise and wide range of clients will be a strong addition to Advo and I am delighted to welcome their clients and staff.”

Alison Gill, Advo’s HR & Payroll Director also commented “Pay-Nex are highly respected with an experienced team and a strong reputation for service. We are looking forward to getting to know our new staff and working with their clients. We have a great team here with fantastic synergy with Pay-Nex.

Dena Dixon, Pay-Nex’s MD commented “It has been a privilege to support my clients over the years, and I’m incredibly grateful for the relationships built during this time. Advo is a company with extensive experience in payroll services and a strong commitment to client care. I’m confident Pay-Nex clients are in very capable hands.

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