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New Deal


Announced

Xero to acquire Planday for €183m.

Financials

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Transaction Value£158m
Consideration TypeContingent Deferred Consideration, Cash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Friendly

Acquisition

Cross Border

Majority

Pending

Denmark

Private

Single Bidder

Software

workforce management platform

Synopsis

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Xero, a New Zealand domiciled public technology company, agreed to acquire Planday, a workforce management platform, for €183m. Planday integrates with Xero, other accounting solutions and third-party workforce-related apps, to deliver a real-time view of staffing needs and payroll costs, alongside key business performance metrics.

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