Global law firm Ashurst acted for the four founders of KeyPay on the sale of all their shares in KeyPay to human resources software developer Employment Hero Holdings Pty Ltd.
KeyPay is a leading automated payroll compliance software provider with operations in Australia, the UK and New Zealand.
Partner Murray Wheater commented:
“We are pleased to have advised the founders of KeyPay on the sale of all of their shares in KeyPay to Employment Hero. The founders have built an impressive business with KeyPay becoming one of the top players in the Australian payroll tech space since 2012. We are delighted to have supported this successful outcome for all involved and wish Employment Hero all the best with their investment.”
The Ashurst team was led by partner Murray Wheater, assisted by Associate Sharon Liu (Corporate Transactions); partners Sanjay Wavde and Costa Koutsis and Senior Associate Eli Bursky (Tax); partner Anita Cade and Senior Associate Maria Sun (IP/Media) and partner Melissa Fraser and Senior Associate Nathan Lindsay (Competition).
