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.

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