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New Deal


Announced

Completed

Simployer completed the acquisition of AlexisHR from LNX Labs.

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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Single Bidder

software company

Completed

Domestic

Majority

Private

Sweden

Software

Friendly

Acquisition

Synopsis

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Simployer, a technology and competence supplier within HR, management and finance, completed the acquisition of AlexisHR, a software company, from LNX Labs, a software firm. Financial terms were not disclosed. "The acquisition allows us to efficiently target the rapidly growing SMB business market in Northern Europe. By bringing AlexisHR's modern and innovative solutions into our offerings, we are set to offer our customers more modern, user-friendly and comprehensive HRM solutions, says Takle," Vigleik Takle, Simployer CEO.

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