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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