Company profile: Merit Software
1.1 - Company Overview
Company description
- Provider of payroll and invoicing software for temporary recruitment agencies, umbrella companies, recruitment bureaus, healthcare recruiters and Personal Service Companies. Offerings include Merit Payroll, Merit Umbrella, Merit Bureau, Merit Healthcare, iMerit Online Portal for timesheet and payslip management, and Merit PSC, delivering compliance, automation and efficient payroll processing.
Products and services
- Merit Bureau: Multi-agency scalable system created for recruitment bureaus, automating payroll and invoicing while reliably handling multiple agency demands
- Merit Payroll: Compliance-grade payroll software engineered for temporary recruitment agencies, ensuring regulatory compliance while efficiently processing payroll across temporary recruitment operations
- Merit Umbrella: Legislation-ready payroll product architected for umbrella companies, simplifying payroll management and adapting to legislative changes across umbrellas’ operations
Key contacts
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Financial details
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1.2 - Competitors and similar companies to Merit Software
Glassdoor
HQ: United States
Website
- Description: Provider of an online job and recruiting site and career community offering job search across millions of listings, anonymous company reviews and ratings of over 600,000 companies, interview questions and reviews, office photos, salary comparisons and personalized estimates, and employer branding services to help employers showcase culture and attract candidates.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
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PeopleGoal
HQ: United Kingdom
Website
- Description: Provider of a configurable employee performance and engagement platform enabling continuous performance management with frequent check-ins, goals and OKRs tracking, recognition, feedback, and multiple manager reviews. Offers engagement surveys, development plans, and customizable templates for performance improvement, job evaluations linking performance to compensation, and downsizing and layoffs policies.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
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Flashbrand
HQ: United States
Website
- Description: Provider of employee-centric web and mobile applications for performance, development, and career, offering OKR-based performance management, a digital feedback platform, a talent marketplace, collaborative 360° feedback with instant training recommendations, check-in tools for manager-employee exchanges, and a skills development platform with personalized coaching.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
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Intel365
HQ: United States
Website
- Description: Provider of employment background checks, delivering background check technology and services.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
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Arcoro
HQ: United States
Website
- Description: Provider of modular HR software for high-risk, high-consequence industries, offering applicant tracking, onboarding, employee management, benefits management, time tracking and scheduling, and performance management. Solutions streamline hiring, onboarding, labor tracking, payroll preparation, and benefits enrollment while supporting compliance with employment laws, EEOC, OSHA, wage and overtime regulations, and ACA.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
View full Arcoro company profile →
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2.M&A buyers
2.1 Potential strategic acquirers in the sector
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2.2 - Strategic buyer groups for Merit Software
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Buyer group 3: ████████ ████████
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3. Investors and private equity firms
3.1 - Buyout funds investing in similar companies to Merit Software
2.2 - Growth funds investing in similar companies to Merit Software
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4 - Top valuation comps for Merit Software
4.2 - Public trading comparable groups for Merit Software
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