With this transaction, SD Worx continues to strengthen its business in Spain, where it expects to grow strongly.
Integrho is a private Spanish company founded in 1994. It develops, installs, and supports innovative solutions for human resources management for all types of organisations, both public and private, based on the latest technologies available. 25 employees serve approximately 150 active clients in Spain, such as Orden San Juan de Dios, Porcelanosa and Pronovias. Integrho currently processes the payrolls of more than 150,000 employees.
“SD Worx has a clear ambition to be the leading European provider of integrated HR solutions for all organisations and employees. With this acquisition, we strengthen our presence in Spain and our local payroll and HR software portfolio. Integrho has a very robust payroll tool with rich payroll and time and attendance functionality. We share a passion for innovation and customer experience. Together we can offer our customers a complete package of innovative HR technologies, complemented by outsourcing, consulting, and data services, and give them access to the large European market where we operate,” commented Kobe Verdonck, CEO of SD Worx.
The DLA Piper team advising SD Worx on the transaction was led by Corporate partner Joaquín Echánove, together with the legal director of the area, Francisco Bachiller, and Luis Villasmil, associate.
According to Joaquín Echánove, “we are very proud to have advised on this important transaction to a company with so much projection in our country and that it has relied on our services to continue advancing in its expansion plans”.