Sage has acquired Fairsail, a UK-based tech company that makes a cloud human capital management (HCM) and people management system for mid-sized businesses. The buy is part of Sage’s growth strategy for Sage People, the company’s HCM platform launched last year that serves accountants, among others, who provide payroll services. Currently a minority shareholder, Sage will take full ownership of Fairsail when the deal closes.
Fairsail is targeted at mid-sized organizations and is used by companies headquartered in more than 20 countries. The software has already been deployed within Sage, with Sage People adding payroll to Fairsail’s capabilities.
The acquisition will also expand Sage’s existing partnership with Salesforce, as Fairsail is one of the HCM and people management solutions feature on the cloud computing company’s app marketplace.
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