Announced
Completed
Financials
Tags
France
financial software
FinTech
Completed
Single Bidder
Domestic
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Acquisition
Private Equity
Private
Friendly
Synopsis
Silver Lake-backed Silae, a payroll management provider, completed the acquisition of DSN+, an automatic social steering tool at the service of HR and the CSE, isiRH, a complete and modular HRIS software, and Jenji, a developer of an expense report software, for $70m. "We are proud of the evolution of Silae since its acquisition in 2020 by Silver Lake. In less than 2 years, 5 structuring acquisitions have been completed and the new group has established itself as the reference player that offers the most stable and complete solution on the market. These acquisitions represent major strategic advances for Silae to strengthen the extent of HRIS services offered to its customers while increasing their productivity," Christian Lucas, Silver Lake Co-Head of EMEA.
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