Deel Acquires Hofy
July 18, 2024
Deel has acquired UK-based Hofy, a device lifecycle management and global IT services provider, in a deal reported to be slightly over $100 million. The acquisition integrates Hofy's ~120 employees into Deel and enables Deel to launch 'Deel IT'—bringing end-to-end global device supply, provisioning and lifecycle management in-house to expand its HR and payroll platform capabilities.
- Buyers
- Deel
- Targets
- Hofy
- Industry
- IT Services
- Location
- United Kingdom
- Transaction Type
- Buyout
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