BCS HR Software, one of the larger suppliers of software for HR and payroll, is further expanding its market position by acquiring the HR & Payroll branch of Centric, backed by software investor Main Capital Partners. The strategic acquisition marks another step in expanding BCS' fast-growing position in the HR Software industry in the Benelux. It is BCS' fourth acquisition since Main Capital invested in the business in April 2022. Earlier, Apployed, Tasper and MediSoft were added to BCS.
BCS has more than 40 years of experience in the HR & payroll software industry. The business provides solutions in Core HR (including for absenteeism, payroll, flexible benefits, personnel administration and employee welfare) and Payroll software with associated services, among others. The acquisition of Centric's HR & Payroll solutions is in line with BCS' strategy to further expand a leading product portfolio and further strengthen market position.
Centric HR & Payroll has developed the modern HR cloud solution Motion and also has its own payroll software with additional services. Centric wants to further focus on strategic activities and innovations with which it leads the way. That is where Centric creates opportunities by combining Centric's sector expertise with industry-specific software, IT solutions and cloud services.
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