HiBob Acquires UK Payroll Automation Provider Pento
February 13, 2024
HiBob has agreed to acquire London-based payroll automation platform Pento to embed payroll into its Bob HCM platform, strengthening its ‘all-in-one’ HR and payroll offering for customers with UK operations. The deal (subject to closing conditions) brings Pento's cloud-based real-time payment automation and ~400 UK customers into HiBob's product suite to simplify payroll for HR, Finance, and Payroll teams.
- Buyers
- HiBob
- Targets
- Pento
- Industry
- Cloud & SaaS
- Location
- England, United Kingdom
- Transaction Type
- Buyout
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