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Announced

Completed

Silver Lake-backed Silae completed the acquisition of DSN+, isiRH and Jenji for $70m.

Financials

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Transaction Value£60m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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France

financial software

FinTech

Completed

Single Bidder

Domestic

Majority

Acquisition

Private Equity

Private

Friendly

Synopsis

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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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