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February 15, 2024

HiBob Acquires Pento: Streamlining HR Solutions

HiBob's launch Payroll Hub in 2021, marking a step in the company's mission to provide "all-in-one" HR for UK businesses

Prepare for a groundbreaking development in HR technology! HiBob, a leading provider of modern HR software for mid-sized companies, has just announced its acquisition of Pento, a UK-based automated payroll platform. This strategic move underscores HiBob's dedication to delivering an all-encompassing HR experience for UK businesses by integrating payroll management seamlessly into its existing offerings.

Pento's cutting-edge technology revolutionizes payroll processing by leveraging real-time payment automation, ensuring speed, accuracy, and simplicity. With headquarters in London, Pento has already transformed payment processing for over 400 UK customers, many of whom are currently utilizing the HiBob platform.

Ronni Zehavi, CEO and Co-Founder of HiBob, emphasizes the company's vision of providing a comprehensive "all-in-one" solution for people management. He stresses the importance of freeing HR and payroll teams from manual tasks, enabling them to focus on strategic initiatives rather than administrative burdens.

Jonas Bøgh Larsen, co-founder and CEO of Pento, expresses pride in the accomplishments of the Pento team and highlights the potential of merging their cutting-edge payroll solution with HiBob's top-tier HRIS platform.

With Deutsche Bank and Menalto Advisors providing strategic guidance, HiBob and Pento are poised to redefine HR and payroll management, offering unparalleled efficiency and effectiveness to businesses across the UK.

Josefina Dipaolo
Josefina Dipaolo
Content writer at TechNews180
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