![[Italy] SD Worx acquires HR and payroll provider F2A](http://gpa.net/cdn/shop/articles/bigstock-Information-Technology-In-Busi-316962178_1200x.jpg?v=1722570514)
SD Worx - the European HR and payroll giant - has announced the acquisition of F2A, a leading Italian HR and payroll provider, UNLEASH reports.
This latest deal in the HR and payroll tech space comes in the wake of Deel’s acquisition of Hofy, Phenom buying Tydy and Progyny buying Apryl.
F2A has reportedly been owned by private investment firm Ardian since 2016. SD Worx has closed a purchase deal with Ardian to buy F2A. Financial terms of the deal have yet to be disclosed.
François Jerphagnon - Ardian’s Head of Expansion - said, “We are thrilled to announce the sale of F2A to SD Worx.
“I congratulate Raul Mattaboni and his team for all the successful development over the last years.”
Marco Molteni - Ardian’s Managing Director - said, “The strong interest in F2A of an international player like SD Worx is a clear indication of the high strategic value of our asset.
“We wish F2A and SD Worx every success for the company’s next chapter.”
Source: UNLEASH
(Quotes via original reporting)
SD Worx - the European HR and payroll giant - has announced the acquisition of F2A, a leading Italian HR and payroll provider, UNLEASH reports.
This latest deal in the HR and payroll tech space comes in the wake of Deel’s acquisition of Hofy, Phenom buying Tydy and Progyny buying Apryl.
F2A has reportedly been owned by private investment firm Ardian since 2016. SD Worx has closed a purchase deal with Ardian to buy F2A. Financial terms of the deal have yet to be disclosed.
François Jerphagnon - Ardian’s Head of Expansion - said, “We are thrilled to announce the sale of F2A to SD Worx.
“I congratulate Raul Mattaboni and his team for all the successful development over the last years.”
Marco Molteni - Ardian’s Managing Director - said, “The strong interest in F2A of an international player like SD Worx is a clear indication of the high strategic value of our asset.
“We wish F2A and SD Worx every success for the company’s next chapter.”
Source: UNLEASH
(Quotes via original reporting)