SD Worx acquires Integrho and reinforces its presence in Spain

November 4, 2022

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, installs and supports innovative solutions for the human resources management of any type of organisation, both public and private, based on the latest technologies available. 25 colleagues serve around 150 customers active in Spain, such as Orden San Juan de Dios, Porcelanosa and Pronovias. Integrho currently processes payslips for over 150,000 employees.

SD Worx has a clear ambition to be the leading European provider of integrated end-to-end HR solutions for all organisations and workers. With this acquisition we strengthen our footprint in Spain, and we reinforce our portfolio of own local payroll and HR software. Integrho has a very robust payroll engine, which features rich functionality in payroll and Time and Attendance. We have a common passion for innovation and customer experience. Together we can offer our customers a full package of innovative HR technology with additional outsourcing, consultancy and data services on top and they get access to the broad European market where we are present.

Kobe Verdonck

CEO

SD Worx

We started a partnership with Integrho one year ago and thus we know their team and products well. I look forward to working with this new group of talented and motivated people, and feel a great cultural fit. This will certainly help to further roll-out our ambitious growth plans to evolve to 500 colleagues who support more than 300 customers in the next five years and to further expand our presence from three to five locations across Spain. That way we operate literally close to our customers, who we support with domestic HR and payroll solutions. As we are a European company, we can even help them with their international business across Europe.

Carlos Pardo

Director General SD Worx Spain

SD Worx Spain

“We are very happy to join an ambitious company like SD Worx, as this will give our employees and our customers a lot of growth opportunities. SD Worx pays attention to local solutions and services for its customers, whereas they also help companies that operate internationally. We like their customer centric approach very much. It goes without saying that business continuity is guaranteed and that our customers will only benefit from this acquisition through our expanded offering and footprint”, says Cristobal Malet, General Manager Integrho.

The price of the acquisition will not be disclosed.

About SD Worx

SD Worx believes that success starts with people. A thriving workforce doesn’t just build a thriving company, it also contributes to society. Together with its customers, SD Worx sparks successful HR that benefits work, life and society.

As the trusted leading European HR and payroll solutions provider for all organisations and workers, SD Worx delivers software, services and expertise across payroll & reward, human capital management and workforce management. SD Worx has deep roots across Europe and has been leading the way for eight decades together with its customers, employers big and small, to spark employee engagement that ignites success at the heart of their business.

About 95,000 small and large organisations across Europe place their trust in SD Worx. The almost 10,000 colleagues operate in 27 countries. SD Worx calculates the salaries of approximately 6 million employees and ranks among the top five worldwide. It achieved a revenue of EUR 1.180 billion in 2024.

More info on www.sdworx.com / Follow us via LinkedIn

Press contact

Pieter GoetgebuerCommunications Directorpieter.goetgebuer@sdworx.com+32 497 45 36 73