Unique Software Industries

Unique Software Industries Overview

Unique Software Industries provides payroll software solutions on different modules for a variety of industries. The company's customers include government offices, banks, insurance companies, high-tech companies, construction companies, and hotels.Unique handles over 100,000 payrolls a month, including those of all the Ministry of Education teachers in Israel.

Latest News

Nov 19, 2019 · www.globenewswire.com

growth-positive

Formula Systems Acquires Unique Software Industries Ltd. for Approximately NIS 61 Million

Formula Systems (1985) Ltd. has completed its acquisition of Unique Software Industries for a total consideration of NIS 49 million in cash, plus up to NIS 12 million of additional cash. Unique is a software development and services company that specializes in payroll solutions. This acquisition allows Formula Systems to expand its operations in the field of payroll and human resources management and enter the field of outsourced payroll services. Formula Systems aims to penetrate the field of services bureaus and expand its customer base. The acquisition is seen as a strategic move to increase Formula Systems solutions offering and market share in the payroll services industry.

Acquisition

Funding

Team Members

2

Employees: 11-50

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Locations

Yaffo Street 126, Jerusalem, Israel

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