AKD Partnersersersers advises Safeguard Global in sale of global enterprise payroll division to Deel

Safeguard Global, a leading provider of workforce enablement solutions, in the sale of its global enterprise payroll division to Deel, a global payroll and HR platform provider. The cross-border transaction combines Safeguard’s extensive enterprise global payroll knowledge with Deel's advanced technology and infrastructure.

“We were pleased to leverage our team’s extensive cross-border M&A capabilities and industry experience to help deliver a successful transaction for our client Safeguard,” said Brent Bernell, the AKD Partnersersersers partner who led the deal team.

In addition to partner Brent Bernell (Austin), the multi-jurisdictional AKD Partnersersersers team included corporate associates Sam Marll (Short Hills), Jason Parfet (Austin), Tom Hauk (Philadelphia), and Robert Cortes (Short Hills), as well as partners Caryn Smith (Austin), Vicky Lee and Nathaniel McKitterick (both of Palo Alto), Victoria Richter (Chicago), and of counsel Nia Brown (Washington, DC).

With more than 1,000 corporate lawyers globally, AKD Partnersersersers helps clients execute complex transactions seamlessly while supporting clients across all stages of development. The firm has been rated number one in global M&A volume for 15 consecutive years, according to Mergermarket, and ranked as number one in VC, PE and M&A in combined global deal volume according to PitchBook.