Category: SD Worx

Acquisition of VPM’s stake in Gimv by Worxinvest finalised.

Following the closing of this transaction, there also has been a reshuffle in Gimv’s board of directors. Filip Dierckx is co-opted into the board of directors of Gimv and becomes chairman. In addition, the board of directors of Gimv co-opts the following two directors nominated by WorxInvest: Robert van Goethem and Marc Valentiny. A CV […]

2023 marked a transformational year for WorxInvest

The diversified investment company WorxInvest achieved solid results in 2023 and surpassed the consolidated normalized EBITDA threshold of EUR 200 million. The net result, share of the group, amounted to EUR 85.2 million, compared to EUR 52.5 million in 2022. Furthermore, important steps have been taken in the diversification of WorxInvest as a growth-oriented investor […]

First ever ‘company’ food forest planted in Mechelen (Belgium)

Picking an apple, pear or plum from a tree during an outdoor meeting or lunch break and eating it? For employees of Protime and SD Worx in Mechelen, it will be possible in a few years’ time. On Monday and yesterday, the first fruit trees were planted by an experienced contractor of what should become […]

SD Worx welcomes leading investment manager CVC to accelerate European growth

SD Worx, the leading European HR and Payroll solutions provider, is delighted to welcome CVC Strategic Opportunities II as a new partner and minority shareholder. WorxInvest, the current shareholder of SD Worx, remains the majority shareholder and will keep 77.5 % of SD Worx. The additional capital generated by the transaction will be invested to […]

SD Worx acquires HRPRO and enters Southeastern Europe

The leading European Payroll and HR provider SD Worx has acquired HRPRO, an HR tech company located in Zagreb, Croatia. With this acquisition, SD Worx expands its local presence to 18 European countries and enters Southeastern Europe, where it sees a lot of growth potential. The family owned company HRPRO has been operating successfully for […]

SD Worx acquires Integrho and reinforces its presence in Spain

The leading European HR solutions provider SD Worx has acquired Integrho, a supplier of payroll software for the local Spanish market, headquartered in Barcelona. With this acquisition, SD Worx further strengthens its business in Spain, where it sees a lot of growth potential.  Integrho is a privately owned Spanish company, founded in 1994. It develops, […]

SD Worx expands Irish footprint with acquisition of Intelligo

SD Worx, the leading European HR solutions Provider, has acquired Intelligo – an Ireland-based supplier of HR and Payroll Software and Outsourcing Services – to further expand its presence in the Irish market and to strengthen its portfolio of own payroll and HR software. Established 26 years ago, Intelligo has been a trusted payroll partner for many […]

SD Worx records strong growth figures in the first half of 2022

SD Worx, the leading European provider of payroll and HR services, recorded a consolidated turnover of 475.3 million euro in the first half of 2022. That is an increase of 18% compared to the first half of last year. Normalized EBITDA came in at 70.2 million euro, which is 9.2% more compared to the first […]