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JK Capital
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Technology · Sell-Side · 2024

Sólides acquired the Digital Payroll Business Unit from 2easy.

JK Capital acted as exclusive financial advisor to 2easy.

Deal sheet

Sector
Technology
Mandate
Sell-Side
Year
2024
Country
Brazil

Sólides acquired the Digital Payroll Business Unit from 2easy.

JK Capital acted as exclusive financial advisor to 2easy.

About the deal

About 2easy

2easy is a payroll, HR and benefits process management company; the unit sold, Digital Payroll, operates 100% in the cloud, with up to 30% lower cost and calculation in minutes.

About Sólides

Sólides is an HRTech from Minas Gerais founded in 2010, an all-in-one people management platform for SMEs with about 30,000 customers, capitalized by a contribution of R$530 million led by Warburg Pincus in 2022.

Transaction rationale

With the acquisition, Sólides becomes the first HRTech to integrate payroll into the platform and seeks to consolidate itself as a one-stop-shop for HR and payroll administration for SMEs; the projection is that 25% of the base will adopt the payroll in four years.

View sector: Technology

Some operations conducted by JK Capital are not disclosed due to buyer and/or seller strategy.