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Acquisition enables York management software provider to drive US sales

A York-headquartered company which develops workforce management software has acquired a US business, Advance Systems America, in order to accelerate its growth in the States.

The American company has been a partner of Mitrefinch for the last eight years, selling its time and attendance systems to US-based businesses.

With operations in the UK, US, Australia and Canada, Mitrefinch provides time and attendance, HR, payroll and access control software to over 4,000 clients including Nestlé, L’Oréal and Yearsley Group. It has a 160-strong team in the UK and employs a further 90 people overseas.

Former CEO of Advance Systems America, Gary Corcoran, takes on the position of CEO of Mitrefinch Inc.

Gary said: “We’ve been flying the flag for Mitrefinch’s technology for years now and know the products and the market inside out, so it’s hugely exciting to now be joining the global brand and helping to take the business to the next level.

“Mitrefinch has been at the forefront of workforce management solutions since the 1980s, building up a reputation for truly unrivalled software, and it’s great to be an official part of that now.

“By combining our companies, we can deliver an efficient and highly competitive offering for our customers. We’ll also have access to greater market knowledge, a fabulous customer base and the strength and scale of the Mitrefinch brand.”

Matthew Jenkins, CEO at Mitrefinch, added: “We’re delighted to have completed our formal acquisition of Advanced Systems America, which represents a big opportunity for Mitrefinch and is the latest major milestone in our companywide transformation to embrace the global market.

“Advance Systems America has consistently delivered exceptional customer services to over 150 customers within the US. They have a deep understanding of the US market and a well-established team that we’ve worked closely with for quite some time.

“This acquisition aligns with our product roadmap and global ambitions to deliver an efficient and highly competitive offering for our customers. I am excited about the future of Mitrefinch Inc.”