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New Deal


Announced

Completed

Deel completed the acquisition of PayGroup for A$121m.

Financials

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Transaction Value£68m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Friendly

payroll outsourcing

human resources

Single Bidder

Majority

Cross Border

Australia

Public

Management Consulting

Completed

Synopsis

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Deel, a hiring and payroll technology service, completed the acquisition of PayGroup, a payroll company, for A$121m ($81m). “Together we will build the first truly global solution in the payroll industry, giving businesses around the world the ability to hire, pay, and manage the best talent, no matter where they’re located. PayGroup’s strong presence in countries like Australia, India, Singapore, and Japan will expand our customer base and reinforce our leadership in the global payroll space," Philippe Bouaziz, Deel Co-Founder and CFO.

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