Acquiring Company
Ciphr
Acquired Company
Shape Payroll
SouthamptonSoftwareHuman ResourcesEmployee Benefitsinformation technology & servicesFinancial ServicesSoftwareHuman ResourcesEmployee BenefitsFintechSaaSDescription
Ciphr, a leading HR and payroll software provider, has further strengthened its payroll business by acquiring Shape, a cloud-based payroll platform used by 1,500 UK businesses. The acquisition will accelerate the development of Ciphr’s market-leading payroll technology and deliver an even better experience for its new and existing payroll customers and their people.
Quick answer
Ciphr is acquiring Shape Payroll, announced June 3, 2024.
- How much did Ciphr pay for Shape Payroll?
- The deal value was not disclosed.
- What does Ciphr do?
- Ciphr Group has expanded its business into the employee benefits sector with the recent acquisition of Avantus.
- Where are Ciphr and Shape Payroll based?
- Shape Payroll is based in Southampton, England, United Kingdom.
- Who are the decision-makers at Ciphr?
- Fundz holds 5 contacts at Ciphr. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Other recent acquisitions in Human Resources and Employee Benefits
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- Phenom completes acquisition of Tydy, enhancing the Intelligent Talent Experience platform (July 2, 2024)
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- OneDigital completes acquisition of PayCheck Connection in Coeur d'Alene, ID (June 25, 2024)
- ISH completes acquisition of Staff Squared to expand its HR software portfolio (June 18, 2024)
- S&P Global completes acquisition of Visible Alpha to enhance investment research capabilities (May 1, 2024)
- Treasure Global Inc to acquire Who Knows Wins Ltd to penetrate the US market (July 8, 2024)
Who to call at Ciphr, and when
When Ciphr changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Ciphr raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Ciphr, from your own LinkedIn network
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Related People
Frequently asked
Who acquired Shape Payroll?
Shape Payroll was acquired by Ciphr. The deal was reported on June 3, 2024. Ciphr Group has expanded its business into the employee benefits sector with the recent acquisition of Avantus. This move aligns with Ciphr's strategy of acquiring UK businesses that complement its core HCM offering. Ciphr is privately held and operates in Software.
When did Ciphr acquire Shape Payroll?
Ciphr's acquisition of Shape Payroll was reported on June 3, 2024. Ciphr, a leading HR and payroll software provider, has further strengthened its payroll business by acquiring Shape, a cloud-based payroll platform used by 1,500 UK businesses. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Shape Payroll do?
Shape is a cloud-based payroll platform used by 1,500 UK businesses, renowned for its innovative, API-first payroll solution and commitment to payroll technology excellence. It is dedicated to revolutionizing the way organizations manage their workforce. It is privately held, operating in Financial Services, and is based in Southampton.
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