Spectrum Equity has acquired a majority stake in Poppins Payroll and appointed Nafeesa Remtilla as CEO to enhance growth and innovation in household payroll services.

Target Information

Poppins Payroll, based in Boulder, Colorado, is a prominent provider of household payroll services specifically designed for families and caregivers. Established by Alina Nisenzon and Mike Wussow, the company aims to simplify the management of household employment, offering peace of mind to families. Over the years, Poppins has experienced steady growth as a bootstrapped, founder-led initiative serving tens of thousands of customers nationwide.

With a commitment to innovation and exceptional customer service, Poppins Payroll seeks to enhance its offerings through advanced technology. The investment from Spectrum Equity is poised to accelerate this growth trajectory, aligning with the company's vision of making household employment effortless and compliant.

Industry Overview

The household payroll services industry has gained significant traction in recent years, especially in the United States. As families increasingly employ caregivers and domestic help, the n