Multiplier Acquires Oxygen Advisors to Scale Tech-Driven Global Advisory Services

Expanding the Global Teams Platform

Global employment platform Multiplier Holdings has successfully acquired Oxygen Advisors, a move designed to merge cutting-edge automation with expert human advice. The acquisition, led by Multiplier’s Noah Pepper, marks a significant expansion for the firm as it looks to leverage AI in reshaping the advisory landscape. Oxygen Advisors will continue to operate with its existing leadership team intact, ensuring a seamless transition for its international client base. Key members of the Oxygen leadership team, including Matt Dold and Mike Mandis, will remain with the company following the deal. The current CEO of Oxygen Advisors will transition to the role of CEO of Australia for the combined entity. This continuity is intended to protect the company's established culture while introducing Multiplier's world-class technology stack to the region.

Merging Tech and Human Expertise

By bringing Multiplier’s custom technology into the Oxygen ecosystem, the firms aim to eliminate the administrative grind of manual tasks. This allows the advisory team to focus exclusively on high-value, strategic consulting that requires a human touch. The integration is expected to enhance the speed and accuracy of services offered to clients across the Australia and Sydney markets. Multiplier, which is backed by prominent investors like Ribbit Capital and Lightspeed Venture Partners, has rapidly become a leader in the Employer of Record (EOR) space. Operating in over 150 countries, the platform simplifies complex global hiring and payroll processes for teams of all sizes. The acquisition of Oxygen Advisors further strengthens its foothold in the APAC region, where Multiplier already maintains a dominant presence.

Oxygen Advisors has spent the last nine years evolving its service model, most recently expanding its footprint into Sydney. The team views this acquisition as a necessary step to stay ahead of the rapid changes brought about by artificial intelligence. Joining Multiplier provides the resources needed to scale their human-centric advice model on a global stage.

As global workforces become more fragmented, the demand for unified employment and advisory platforms continues to soar. Multiplier’s current offerings, including Global Payroll and Contractor of Record services, are designed to mitigate compliance risks for expanding businesses. This acquisition aligns with the broader industry trend of consolidating HR tech with professional financial services.