CIPHR has acquired Digits Industries Ltd to enhance its HR and learning management offerings, strengthening its position in the UK SaaS market.

Target Information

CIPHR, a prominent provider of Software-as-a-Service (SaaS) solutions for HR, payroll, and recruitment in the UK, has successfully acquired its strategic software partner, Digits Industries Ltd (Digits), as of September 15, 2020. This acquisition follows CIPHR Group's prior successful integration of Payroll Business Solutions (PBS) in December 2019. The acquisition of Digits aligns with CIPHR's long-term strategy to enhance and expand its offerings in the human resource management sector.

Digits has been instrumental in supporting CIPHR’s clients with integrated learning management solutions since the two companies partnered in 2018. Their collaboration has led to significant growth in the adoption of Digits' Learning Management System (LMS) tools, benefiting more than 20 mutual customers, including notable organizations like Certitude, United Welsh, and Dudley Building Society.

Industry Overview

The online learning and development (L&D) industry in the UK has seen substantial growth, particularly in recent years due to the increasing demand for flexible and accessible training solutions across various se