Leading Cloud-based Payroll, HR Software Provider Silae Acquired

Fintec Buzz14 Sep, 2020Business

Silver Lake, the global leader in technology investing, today announced that it has completed the acquisition of 100% of Silae, a specialist provider of cloud-based payroll and HR software for the French market, from its founding shareholders. The transaction, announced on July 8, 2020, has received the approval of the French antitrust authority. Silae�s governance has been modified to reflect the new shareholding structure and Christian Lucas, Co-Head of Silver Lake EMEA, has been appointed Chairman of the Board.