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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
Add BT as a preferred sourcePublished Thu, Mar 4, 2021 · 09:50 PM
Singapore
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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