Kuala lumpur: AscentHR, a leading provider of HR technology, payroll, compliance, and workforce solutions, today announced the acquisition of OS HRS, a trusted APAC-focused payroll outsourcing provider with over two decades of experience in delivering multi-country payroll services.

According to BERNAMA News Agency, the acquisition was completed through a single-stage transaction under which AscentHR acquired 100% of the equity share capital of OS-HRS Malaysia, OS-HRS Japan, and OS-HRS India from BREXA Inc. (formerly Outsourcing Inc.), Tokyo, Japan. Financial terms of the transaction were not disclosed.