logo
Intelligence
Tracking
Tools
logo
Intelligence
Tracking
Tools

Sage acquires Criterion HCM for HR modernization

Oct 06, 20252 months ago

Acquiring Company

Sage

Acquired Company

Criterion HCM

Newcastle Upon TyneNorwalkSoftwareHuman ResourcesSaasArtificial IntelligenceInformation Technology

Description

Sage has successfully acquired Criterion HCM, enhancing its AI-powered product offerings for mid-sized businesses. This acquisition allows Sage to streamline HR and payroll operations, addressing the complex needs of growing organizations. Criterion's innovative HR platform will integrate with Sage's existing services, creating a unified solution for clients. The collaboration aims to empower organizations to automate and simplify their HR processes effectively.

Company Information

Company

Sage

Location

Newcastle Upon Tyne, England, United Kingdom

About

Sage exists to knock down barriers so everyone can thrive, starting with the millions of Small and Mid-Sized Businesses (SMBs) served by us, our partners and accountants. Customers trust our finance, HR and payroll software to make work and money flow. By digitising business processes and relationships with customers, suppliers, employees, banks and governments, our digital network connects SMBs, removing friction and delivering insights. Knocking down barriers also means we use our time, technology and experience to tackle digital inequality, economic inequality and the climate crisis.

Related People

Sign in to view contact details

Sign in to view contact details

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed