ECI Partners Acquires CIPHR (LDC Exit)

CIPHR Group Acquires Digits Industries Ltd

September 15, 2020

Cloud & SaaS

CIPHR Group, an LDC-backed UK provider of SaaS HR, payroll and recruitment software, has completed the acquisition of its strategic learning partner Digits Industries Ltd. The deal integrates Digits' learning management system with CIPHR's people management platform to expand CIPHR's L&D capability and cross-sell to its mid- and enterprise-market customers.

CIPHR Acquires Payroll Business Solutions

December 16, 2019

Professional Services

CIPHR, the LDC-backed HR software provider, has completed the acquisition of Marlow-based Payroll Business Solutions (PBS). The deal integrates payroll capability into CIPHR's platform and enables two new products—CIPHR Payroll and CIPHR Outsourced Payroll—expanding the group's payroll services and customer reach.

Ciphr Acquires Shape Payroll

June 3, 2024

Cloud & SaaS

Reading-based HR software group Ciphr has acquired Shape, a cloud-based, API-first payroll platform used by around 1,500 UK businesses. The deal (Ciphr is backed by ECI Partners) is intended to accelerate Ciphr’s payroll technology development and strengthen its payroll proposition for medium and large organisations.

Ciphr Acquires Marshalls (Marshall E-Learning)

April 4, 2023

Education

SaaS HR provider Ciphr has acquired Marshall E-Learning (trading as Marshalls), a UK-based specialist in diversity, inclusion and workplace e-learning. The undisclosed deal brings Marshalls' eight employees and founder David Marshall into the Ciphr Group to expand its learning and development content and strengthen its integrated HR and learning management offering.

ECI Partners Acquires Majority Stake in Croud

October 31, 2024

Marketing & Advertising

ECI Partners has taken a majority stake in Croud, the UK-headquartered global digital marketing agency, in a deal that marks LDC's exit after a five-year partnership. The investment will support Croud's continued organic growth and further acquisitions, enabling expansion of its media, data and technology capabilities while the business maintains operational independence.

Ciphr Acquires Avantus

November 19, 2024

Cloud & SaaS

ECI-backed Ciphr has acquired Avantus, a UK-based employee benefits and rewards platform provider, adding Avantus’ FlexGenius and MyWorkPal products and a c.30-person team to Ciphr Group. The transaction expands Ciphr’s HCM proposition to include employee benefits and wellbeing as part of its strategy of complementary add-on acquisitions.