Cegid and Silae have announced plans to merge in a transaction valued at over €10 billion. Backed by private equity firm Silver Lake, the union creates a dominant European player in cloud business management and payroll solutions, as highlighted in recent industry news.
AI-driven business technology leader Europe
The massive deal unites Cegid's accounting and tax expertise with Silae’s payroll platform and Shine's digital finance capabilities, supporting 2 million end-customers and producing over 13 million payslips monthly.
Cloud business management software and payroll platform
The integrated ecosystem connects core financial, tax, and HR data into a single infrastructure. This seamless alignment streamlines back-office administration, supports upcoming e-invoicing reforms, and creates new high-tech jobs for developers operating out of advanced offices and tech coworking hubs across Europe.
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