Cegid has signed a deal for the acquisition of Shine – a FinTech business, providing an all-in-one financial platform for businesses with integrated accounting, banking, payroll, and payment solutions to simplify administration and help entrepreneurs focus on operations.
Cegid is a global software company that delivers cloud-based solutions for finance, HR, accounting, ERP and retail, helping businesses and accounting firms streamline and digitise their operations.
Cegid is a portfolio company of Silver Lake, a global private equity firm that focuses on large-scale investments in technology and tech-enabled businesses. Silver Lake manages approx. $ 110 billion in combined assets under management and committed capital.
Gorrissen Federspiel together with Weil, Gotshal & Manges LLP acted as counsel to Cegid.
The transaction team at Gorrissen Federspiel comprises Sven Frode Frølund, Andreas Hertel, Emil Urhøj Palm and Martin Øfeldt together with specialists throughout the firm.