Hastee Strengthens Position with Zellis Integration

Arcano Partners has acted as a financial advisor in the integration of Hastee, which is supported by IDC Ventures and Umbra, into Zellis Group, a leading international provider in HR, payroll solutions, and benefits owned by Apax Partners. This transaction marks a significant strategic milestone for Hastee, enhancing its position in the on-demand salary segment and strengthening its capability for innovation. Zellis Group, based in the UK, has over 60 years of experience and serves many major UK and Ireland employers, managing payroll for over 5 million employees. With Apax Partners as its backing, Zellis aims to leverage this integration to solidify its market stance. Hastee provides a financial wellness platform enabling employees to access earned wages before the official payday, helping users manage liquidity and avoid debt. The platform, integrated with company payroll systems, offers flexible and on-demand wage access to over 350 client companies across various sectors. The M&A Tech team leading this venture comprised Juan Venegas, Luis Paradinas, and Lucas Adn Satrustegui.