Israeli HR unicorn HiBob acquiring British payroll platform Pento for USD40m

Categories: Corporate and M&A

Israeli HR unicorn, HiBob is acquiring the British company Pento, which specializes in cloud-based payroll systems.

While the companies did not disclose the exact value of the purchase, but it is estimated to be around USD 40 million in shares and cash, according to an article in Calcalist.

Taylor Wessing acts for Hibob, which develops a platform for HR management.

Taylor Wessing