Everstone Capital acquires Aon Hewitt’s APAC payroll business

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Excelity Global offers a wide variety of services in payroll processing and human resources management, across the Asia Pacific.

Everstone Capital, which operates Payfront Technologies, has acquired the Asia-Pacific payroll business of Aon Hewitt. Post this acquisition, the new entity will be called ‘Excelity Global’.

Excelity Global offers a broad range of services in payroll processing and human resources management, with over 400 clients across 17 countries in the Asia-Pacific region. The company offers its services all across India, Singapore, China and the Philippines. It processes over nine million pay slips annually, and has the capability to service clients across industries globally.

It also uses a proprietary and highly scalable platform that includes core payroll processing, data aggregation and supplemental systems.

Gurinder Singh, head of Aon Hewitt’s Asia-Pacific payroll business, will continue to lead the new organisation, as the chief executive officer of Excelity Global.

“Everstone has the means and strategic intention to invest in the business and deliver added value to clients,” Singh said in an official communique.

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