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Deel completes acquisition of Assemble to simplify global compensation management

PRIVATEDec 20, 2024

Acquiring Company

Deel

Acquired Company

Assemble

San FranciscoSan FranciscoOtherProfessional ServicesFinancial ServicesSoftwarePayments

Description

Deel, the all-in-one payroll and HR platform, has announced the acquisition of Assemble, a compensation management and insights company. This strategic acquisition aims to combine Deel’s performance management, payroll, and AI tech with Assemble's innovative approach to compensation management, creating a comprehensive solution for global workforce management.

Quick answer

Deel is acquiring Assemble, announced December 20, 2024. Deel is based in San Francisco, California, United States.

How much did Deel pay for Assemble?
The deal value was not disclosed.
What does Deel do?
Deel is a global compliance and payroll solution that helps businesses hire anyone, anywhere.
Where are Deel and Assemble based?
Deel is based in San Francisco, California, United States. Assemble is based in San Francisco, California, United States.

Source: Fundz verified event record.

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Company Information

Company

Deel

Location

San Francisco, California, United States

About

Deel is a global compliance and payroll solution that helps businesses hire anyone, anywhere. Using a tech-enabled self-serve process, companies can now hire independent contractors and full-time employees in over 150 countries, compliantly and in minutes. Deel enables any business to compliantly create, sign, and send localized contracts from a library of templates. Deel automates the process of collecting country-specific documents like tax documents from contractors and employees to ensure they get set up to work correctly. The platform also allows companies to pay international contractors and employees in more than 120 currencies with just a few clicks. Learn more about Deel here.

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Frequently asked

Who acquired Assemble?

Assemble was acquired by Deel, based in San Francisco. The deal was reported on December 20, 2024. Deel is a global compliance and payroll solution that helps businesses hire anyone, anywhere. Deel is privately held.

When did Deel acquire Assemble?

Deel's acquisition of Assemble was reported on December 20, 2024. Deel, the all-in-one payroll and HR platform, has announced the acquisition of Assemble, a compensation management and insights company. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Assemble do?

Assemble is a compensation management platform for forward-thinking organizations. It is privately held, operating in Other, and is based in San Francisco.

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