Cegid and Silae unite payroll and payments in a group valued above 10 billion euros
Cegid and Silae agreed to put accounting, tax, payroll, e-invoicing and payment tools into one group with an enterprise value above 10 billion euros. Silver Lake will retain majority ownership; the new structure will serve 2 million end users and more than 15,000 accountancy firms. Completion is expected in the first half of 2027 after employee consultation and regulatory approval.
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Business tools under one roof
Cegid and Silae agreed to combine accounting, tax, payroll, human-resources, e-invoicing and payment tools in one business-software group. The enterprise value of more than 10 billion euros describes the combined group, rather than a purchase price paid as two rivals change hands, because Silver Lake already holds majority stakes in both companies. Cegid's software and Silae's payroll and human-resources tools will sit alongside Shine's finance and payment services.[1], [2]
The usage behind the scale
The combined structure will serve 2 million end users and more than 15,000 accountancy firms. The companies' tools produce more than 13 million payslips a month across Europe. The group will also bring together a development team of about 1,400 people. Those figures show that the combination places not only software products but also a broad daily workload handling companies' payroll, tax, invoicing and payment data under the same ownership.[1], [2]
Management after approvals
Silver Lake has been the majority shareholder of Cegid since 2016 and of Silae since 2020, and it will retain that position in the new group. Christian Pedersen, arriving from IFS, will lead the combined structure as Cegid's chief executive, while Pierre Cesarini will continue to run Silae. Completion depends on consultation with employee representatives and approval from regulators. After those steps, the process may finish in the first half of 2027.[1], [2]
