UK – HiBob, a London, UK-based, a HR innovation company, acquired Pento, a London, UK-based payroll automation platform.
The amount of the deal was not disclosed.The acquisition strengthens HiBob’s human capital management offering, delivering an enhanced experience with a payroll to customers with UK operations. Led by Jonas Bøgh Larsen, CEO, Pento provides a payroll solution that streamlines processes for people, finance, and payroll teams. By automating tasks, eliminating deadlines, and providing guidance, it helps companies achieve fast, compliant, and error-free payroll. With a customer base of over 400 in the UK, including some of the largest and biggest household brands such as Starling Bank, Pento has become a trusted partner for modern companies across diverse industries like tech, finance, media, manufacturing, hospitality, and many more. Led by Ronni Zehavi, HiBob is a HR innovation company working on how organizations operate in the modern world of work with its HCM ‘Bob’. Its modular approach caters to the needs of multinational companies seeking agile technology and robust analytics to support operations across distributed workforces in the ever-evolving economic and workplace landscape. Companies using it are able to accelerate hiring, retain talent, upskill staff, and improve employee experience. 13/02/2024
