Asure Software Acquires Compass HRM, Inc.

AUSTIN, Texas, May 26, 2017 -- Asure Software (NASDAQ:ASUR), a leading provider of Human Capital Management (HCM) and Digital Workplace software announced today that it has acquired Compass HRM, Inc..  Based in Tampa, Florida, Compass HRM is a top regional HR and payroll service bureau in the Southeast and existing reseller of Asure's HCM offering.  Asure will leverage Compass HRM’s referral network to provide new clients the tools necessary to ensure the success of their most valuable resources: their people.

Asure’s CEO, Pat Goepel said, “We are thrilled to have Compass HRM join with Asure.  The addition of Compass HRM will be a great compliment to our strategy of integrating service bureau organizations, allowing Asure to cross-sell its workforce and workplace software while supplementing our existing organic growth.”  Goepel continues, "Compass HRM offers extensive experience providing services and solutions to companies from a wide variety of industries and backgrounds.  This will only further grow our small business solution nationally, which will be accretive to our overall earnings.”

“We’re extremely excited about this partnership with Asure.  Not only do our vision and missions align, but what is most exciting is that our underlying core values are synergistic.  Both companies have experienced strong growth by putting our customers’ business continuity and user experience at the forefront of our ideology – which is paramount to achieving success in our industry,” said Jonathan Gibbons, Director/Founder Compass HRM, Inc.  “Working with Asure will elevate our customers' experience to new heights, in a very rapid manner, because of their expertise, resources, and integrated solutions. The future just got brighter for our clients across the country and we look forward to being a part of the Asure team.”

With Asure's suite of products including HCM software, Time & Labor Management, and our Agile Workplace solution, Asure is committed to helping clients optimize their people and their resources.  With technology as the foundation of all we do, we build ways for companies to get more work done. Asure’s suite of solutions will help the current Compass HCM clients build companies of the future.

About Asure

Asure Software, Inc. (NASDAQ:ASUR), headquartered in Austin, Texas, offers intuitive and innovative technologies that enable companies of all sizes and complexities to operate more efficiently, building companies of the future. Our cloud platform has helped more than 7,500 clients worldwide to better manage their people and space for a mobile, digital, multi-generational, and global organization. Asure Software’s suite of solutions range from HCM workforce management solutions, time and attendance to workspace asset optimization and meeting room management solutions. For more information, please visit www.asuresoftware.com.

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Stacy Zellner
Telephone: 888-323-8835 x 3111
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