Access People, a division of The Access Group, a leading provider of business management software to mid-market organisations, has entered into a binding agreement to acquire caboodle, one of the UK’s leading independent employee benefits providers. The acquisition is subject to regulatory approval from the FCA, which is expected to be completed in the coming months.
The Access Group is one of the leading providers of business management software to mid-sized organisations in the UK, Ireland, and Asia Pacific. It helps more than 60,000 customers across commercial and not-for-profit sectors become more productive and efficient. Its innovative Access Workspace cloud solutions transform the way business software is used, giving every employee the freedom to do more. Founded in 1991, The Access Group employs approximately 5,000 people.
Why team up with Access?
Caboodle’s highly configurable Salary Extras platform, used by companies of all shapes and sizes providing both simple and complex solutions, is already highly adaptable in integrating with a company’s own benefits and other internal systems, which made it the perfect fit with Access People’s existing HR tools.
Moving forward, we’ll be able to provide a more fully comprehensive service through our combined approach to investing in and developing software that is second-to-none.
Catherine Bennett, Managing Director and Founder of caboodle said: “At caboodle we’ve always taken a proactive approach in looking for new ways to support our clients and enhance the services we offer. I’m really excited about our next chapter and the opportunities that being part of the Access People will bring. Together we’ll be able to invest and develop software that will provide businesses with a more comprehensive and seamless HR service.”
Charles Butterworth, Managing Director, Access People commented: ‘’The need to reward and recognise employees to aid retention of valued employees is now more important than ever before. Employee needs are shifting, especially with the rising cost of living – so providing money saving benefits that are accessible at any time is essential. We’re delighted to welcome caboodle as the latest acquisition to the Access Group, allowing Access People to expand its range of HR services.”