close
MENU
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

Want to read more? It's easy.

Choose your best value subscription option

Student

Exclusive offer for uni students studying at a New Zealand university (valued at $499).
Individual
Group membership
NBR Marketplace

Yearly Premium Online Subscription

NZ$499.00 / yearly

Monthly Premium Online Subscription

NZ$44.95 / monthly

Smartphone Only Subscription

NZ$24.95 / monthly

Premium Group Membership 10 Users

NZ$350+GST / monthly

$35 per user - Pay by monthly credit card debit

Premium Group Membership 20 Users

NZ$600+GST / monthly

$30 per user - Pay by monthly credit card debit

Premium Group Membership 50 Users

NZ$1250+GST / monthly

$25 per user - Pay by monthly credit card debit

Premium Group Membership 100 Users

NZ$1875+GST / monthly

$18.75 per user - Pay by monthly credit card debit

Yearly Premium Online Subscription + NBR Marketplace

NZ$499.00 / yearly

Already have an account? Login
Nick Grant
Thu, 06 Nov 2014
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Monchilla 'a nice little tuck-in acquisition' – Drury
42858
true