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New Deal


Announced

Deel to acquire Zeitgold.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Cross Border

Single Bidder

Majority

Acquisition

accounting software

Private

Germany

Software

Friendly

Pending

software development

Synopsis

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Deel, a global payroll and compliance space company, agreed to acquire Zeitgold, an accounting software company in Berlin. Financial terms were not disclosed. "By joining forces with Deel, we can leverage our core technology and products at a global scale. The new capabilities we're bringing to Deel will allow contractors and employees all over the world to stay compliant and take care of their payroll with confidence, all while continuing to help reduce hiring barriers worldwide," Jan Deepen, Zeitgold CEO.

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