Centro Paghe Acquires Majority Stake in Welfarebit
Deal News | May 16, 2025 | Legal Community Italy
The Vicenza-based Centro Paghe, a leader in software and services for personnel management, has acquired a majority stake in Milan-based Welfarebit, an online corporate welfare service provider. Legal support for the transaction was provided by Ceccarelli & Silvestri for the sellers, including Confinprosi and Tutela Fiscale dell’Impresa, and by Studio LRS Avvocati for Centro Paghe. The acquisition included negotiations and legal considerations for minority shareholders like Confidi, Ma Elaborazioni, and Studio Agenzia per il Lavoro R&S Srl. Financial and accounting aspects were managed with the help of Studiocomm Srl Stp.
Sectors
- Software and Services
- Corporate Welfare Services
- Legal Services
Geography
- Italy – Both Centro Paghe and Welfarebit are based in Italy, and the legal firms involved are also located in Italy.
Industry
- Software and Services – Centro Paghe operates within this industry by providing software solutions for personnel management.
- Corporate Welfare Services – Welfarebit specializes in providing corporate welfare services through an online platform, making it a part of the corporate welfare industry.
- Legal Services – The transaction involved extensive legal advisory services, necessitating the involvement of specialized legal firms.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Centro Paghe | Acquirer | Company | A Vicenza-based provider of software and services for personnel management. |
| Welfarebit | Target | Company | A Milan-based company specializing in corporate welfare services via an online platform. |
| Ceccarelli & Silvestri | Legal Advisor to the Sellers | Company | A law firm that handled contractual, corporate, and M&A aspects for the sellers. |
| Studio LRS Avvocati | Legal Advisor to the Acquirer | Company | A law firm from Vicenza that assisted Centro Paghe with legal, corporate, and M&A matters. |
| Studiocomm Srl Stp | Financial Advisor | Company | Provided accounting and fiscal assistance to Centro Paghe during the acquisition. |
| Confinprosi | Seller | Company | One of the sellers in the acquisition of Welfarebit. |
| Tutela Fiscale dell’Impresa | Seller | Company | One of the sellers in the acquisition of Welfarebit. |
| Confidi | Minority Shareholder | Company | Remained as a minority shareholder in Welfarebit post-acquisition. |