Zvoove's Strategic Move into the UK Market with Mywage Acquisition
Deal News | Jul 01, 2025 | PR Newswire Cision zvoove
Zvoove, a leading provider of digital solutions for staffing, security, and cleaning industries, has acquired Mywage, a UK-based provider of payroll, HR management, and invoicing solutions. This strategic acquisition allows Zvoove to expand its presence into the UK market, enhancing its portfolio with a mid and back-office platform. Mywage's platform, built on Salesforce and powered by AI, automates complex mid and back-office processes, ensuring compliance and efficiency in staffing services. The integration into Zvoove's offerings strengthens their capabilities in the European staffing market, aiming to support both small and large enterprises. The acquisition marks Zvoove's entry into the third largest staffing market globally, furthering its mission to be a leading global software provider. Mywage's CEO, Orsela Cani, expressed pride in joining Zvoove, emphasizing the transformative potential for staffing services worldwide through this partnership.
Sectors
- Staffing and Recruitment
- SaaS (Software as a Service)
- Technology
Geography
- United Kingdom – The acquisition involves Mywage, a UK-based company, marking Zvoove’s entry into the UK market.
- Germany – Zvoove is a company with headquarters in Germany, making the transaction cross-border within Europe.
Industry
- Staffing and Recruitment – The article pertains to the staffing industry as both Zvoove and Mywage offer solutions targeted at enhancing staffing and HR management processes.
- SaaS (Software as a Service) – Mywage provides a SaaS platform for payroll and HR management, aligning with Zvoove's digital solutions offerings.
- Technology – The acquisition emphasizes Salesforce-based digital technology and AI integration to improve HR processes.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Zvoove | Acquirer | Company | A leading provider of digitalization solutions for the staffing, security, and cleaning industries. |
| Mywage | Target company | Company | A UK-based provider of solutions for payroll, HR management, and invoicing, built on Salesforce. |
| Oliver Muhr | CEO of Zvoove | Person | CEO of the acquiring company, Zvoove, and spokesperson for the acquisition strategy. |
| Orsela Cani | CEO of Mywage | Person | CEO of the target company, Mywage, involved in the commentary on the acquisition. |