Cegid, a specialist in management solutions for the areas of accounting expertise, tax, payroll and human resources, ERP and Retail, strengthens its position in the payroll and human resources solutions market with the acquisition of Meta4, the leading Spanish publisher specializing in cloud solutions. This important step enables Cegid to become a leader in this sector with a total of 22 million people managed through its solutions. The acquisition of Meta4 allows Cegid to complete its current range and open up to key accounts in Spain, Portugal and Latin America.
With its integrated payroll and HR software suite, an individual-centered approach, and the unique know-how of its teams, Meta4 has nearly 30 years of successful experience serving its clients. Meta4 offers innovative solutions to many industries, including services, industry, telecoms, finance, tourism and education.
The acquisition of Meta4 enables Cegid to offer a full range of payroll and HR solutions to companies of all sizes on the French market and opens up new opportunities for international expansion.
"With the acquisition of Meta4, we are strengthening our strategy for HR professionals, one of Cegid's five priority markets. Combining the talent of Meta4 employees with its proven technology, our knowledge and expertise allows us to meet all the needs of the French, Spanish and Portuguese payroll markets together with a complete range of solutions and to strengthen our leadership. in the cloud. This operation is a great opportunity that also opens up new perspectives for us internationally. Cegid is more than ever in a position to bring innovative and useful solutions to the service of the profession," says Pascal Houillon, CEO of Cegid.
Meta4 will be integrated into the Payroll and Human Resources Business Unit of Cegid and Philippe Clerc, Director of the Business Unit, will take the lead of the new group. Meta4 employees will join the Cegid team and share their expertise to scale up the payroll and human resources processes. The teams gathered will be keen to put in place the best synergies for the satisfaction of all their customers. Cegid intends to maintain and enrich the product portfolio of Meta4, and will continue to support customers in their transition to the cloud.
"We are delighted to join Cegid, this is a unique opportunity for our teams to benefit from its expertise in the cloud and to improve and develop our solutions. It is also the opportunity to be integrated into the ecosystem of Cegid which, throughout its growth, has surrounded itself with the best partners of the sector," says Carlos Pardo, head of Iberia and Latin America, Meta4.
The shareholders of Cegid, Silver Lake and Alta One, fully support the operation and share the enthusiasm of the two management teams for the prospects of this merger, which allows Cegid to offer its customers better solutions, further accelerate its growth, and strengthen its position as a European leader in SaaS.
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