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HiBob Acquires UK Payroll Automation Platform Pento

Feb 13, 2024

Acquiring Company

HiBob

Acquired Company

Pento

SoftwareOtherInformation TechnologyFinancial ServicesSoftware

Description

HiBob, the company behind Bob, the modern HR platform, has announced the acquisition of Pento, a cloud-based UK payroll automation platform. This acquisition strengthens HiBob's modern human capital management offering, providing an 'all-in-one' experience with embedded payroll and allowing UK businesses to efficiently solve payroll complexity. The acquisition represents the next step towards providing an 'all-in-one' experience for UK operations, enabling HiBob to expand its modern approach to human capital management into payroll and enhancing its full-suite capabilities for customers.

Quick answer

HiBob is acquiring Pento, announced February 13, 2024.

How much did HiBob pay for Pento?
The deal value was not disclosed.
What does HiBob do?
HiBob is on a mission to transform how organizations operate in the modern world of work with its HR platform Bob.
Who are the decision-makers at HiBob?
Fundz holds 1 contact at HiBob. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

HiBob

About

HiBob is on a mission to transform how organizations operate in the modern world of work with its HR platform Bob. It offers resilient, agile technology that wraps all the complexities of HR processes into a game changing, user-friendly tool that touches every employee across the business. Used by more than 4400 multinational companies to accelerate hiring, retain the best talent and elevate employee engagement.

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Frequently asked

Who acquired Pento?

Pento was acquired by HiBob. The deal was reported on February 13, 2024. HiBob is on a mission to transform how organizations operate in the modern world of work with its HR platform Bob. HiBob is privately held and operates in Software.

When did HiBob acquire Pento?

HiBob's acquisition of Pento was reported on February 13, 2024. HiBob, the company behind Bob, the modern HR platform, has announced the acquisition of Pento, a cloud-based UK payroll automation platform. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Pento do?

Pento is the smart alternative to payroll outsourcing for modern UK businesses. ✅ Forget spreadsheets and pay your employees in 3 easy steps. Payments run automatically, taxes are calculated instantly, and it's fully connected to HMRC. It is privately held, operating in Other.

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