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Xero to buy workforce management platform Planday in largest acquisition yet

Completion of 183.5m euro deal expected in first quarter of Xero's financial year ending March 31, 2022

Published Fri, Mar 5, 2021 · 05:50 AM
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CLOUD-BASED accounting software firm Xero is buying Planday, a workforce management platform that simplifies employee scheduling, allowing businesses to forecast and manage their labour costs.

The total potential consideration for the deal is 183.5 million euros (S$294.7 million), making it the company's largest acquisition to date.

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