Cegid and Silae Plan €10B Merger

French business software provider Cegid and payroll platform Silae are planning to merge into a European technology group valued at over €10 billion. Private equity firm Silver Lake will maintain a majority stake in the combined entity. The transaction is expected to close in early 2027.

French business software provider Cegid and payroll platform Silae agreed on Wednesday morning to merge, forming a European technology group valued at over €10B ($11.6B). The combination unites two major enterprise software players under common ownership. Private equity firm Silver Lake engineered the transaction to consolidate its portfolio holdings.

Silver Lake Retains Control

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