Bregal Milestone acquired Novare Pay to enhance Allshares' capabilities in compensation services, enabling it to serve clients across Europe with innovative solutions.

Target Information: Novare Pay

Novare Pay, headquartered in Stockholm, is a renowned European provider specializing in compensation and remuneration services. The company has established a solid reputation for high growth and profitability, catering to an impressive portfolio of multinational clients. With operations extending across major Nordic cities including Stockholm, Oslo, and London, Novare Pay stands out for its bespoke service offerings and analytics tailored specifically to address client needs.

This acquisition enables Novare Pay to enhance its capability by integrating into the Allshares ecosystem, thus expanding its service delivery to over 630 clients in more than 40 countries worldwide. Following the acquisition, Novare Pay will transition to operating under the Allshares name, solidifying its position within the industry.

Industry Overview in Europe

The compensation and benefits industry in Europe has experienced significant transformation over the past decade, driven by evolving market needs and regulatory complexities. As companies increasingly prioritize employ