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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
3 mins to read

Monchilla 'a nice little tuck-in acquisition' – Drury

The Xero CEO, and one of his toughest critics, weigh in on Xero's $10m purchase of a US payroll company.

Nick Grant
Thu, 06 Nov 2014

Xero’s $10 million acquisition of small US online payroll company Monchilla is “interesting” and “broadly speaking a good thing, for several reasons”, according to Woodward Partners Equities’ Nick Lewis.

“First of all it addresses one of the perceived – and I emphasise the word perceived – areas

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Nick Grant
Thu, 06 Nov 2014
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Monchilla 'a nice little tuck-in acquisition' – Drury
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