Deel Acquires Sastrify

Deel, a global leader in workforce management, has acquired Germany-based, AI-powered SaaS management platform Sastrify.

Orrick represents Deel.

THE COMPANIES

Deel is a global leader in workforce management, providing a unified platform for hiring, paying, and managing international employees and contractors in over 150 countries. With robust compliance tools and localized expertise, Deel's technology streamlines onboarding, payroll, compliance, and benefits administration, empowering companies to seamlessly scale their teams across borders.

Sastrify is a Germany-based, AI-powered SaaS management platform that gives IT, procurement, and finance teams full visibility into their software and cloud spending, automates procurement workflows and renewal tracking, and leverages benchmark pricing data and expert negotiators to secure the best possible deals.

THE IMPACT

Acquiring Sastrify will accelerate Deel IT's expansion into software management, bringing license purchasing, renewal management, and spend optimization into one platform.

In an announcement, Deel said that Sastrify co-founders Sven and Max "understand the complexity of SaaS procurement at scale, the hidden costs, the fragmented workflows, the contracts that slip through. We're bringing their entire team's expertise into Deel, pairing their knowledge with more resources and reach to build a full-stack solution for customers."

THE TEAM

Orrick's Justin Yi, Carsten Bernauer, Kyle Zhu, Lars Schinkel, Delia Bennett and Kay Zou lead the team which includes Stefan Renner, Michael Wiesner, Andre Zimmerman, Marianna Urban, Sharon Zhou, Asalia Melanie Scheibner, SeoJung Park, Nico Neukam, Sarah Schaedler, Rachel Nghe, Matthew Coleman, Carly Owens, Robert Weinhold, Tobias Von Gostornski, Jeanine McGuiness, Benedikt Kamann and Debbie Abernathy.

LEARN MORE

• Deel's Announcement
• Read More Client Results