As per the information detailed in the press release, the acquisition of Pento supports HiBob’s payroll offering while also enabling the company to offer a single experience with payroll as part of its offering. This intends to allow UK businesses to efficiently decrease payroll complexity, support their teams in simplifying processes, and allow them to expand their operations. Deutsche Bank served as a strategic advisor for HiBob, while Menalto Advisors was the consultant for Pento on the transaction.
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