Ciphr Acquires Shape Payroll
June 3, 2024
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.
- Buyers
- Ciphr
- Targets
- Shape Payroll
- Industry
- Cloud & SaaS
- Location
- United Kingdom
- Transaction Type
- Buyout
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