SD Worx
SD Worx
SD Worx is a company that provides HR and Payroll solutions across Europe to businesses ranging from small and medium-sized companies to large multinational corporations. SD Worx calculates the salaries of around 6 million employees and operates in 27 countries. The company was founded in 1945 in Belgium as a as a payroll service provider. In 2025, the company had 10.000 employees. SD Worx now ranks among the top-5 HR solution providers worldwide.
History
SD Worx as grown from a Belgian company into a European player. Over the years, the company has expanded its geographic footprint through a series of acquisitions and organic growth.
In 2021, SD Worx expanded into Spain, Poland, Italy, and the Nordics[1]. That same year, it became the majority shareholder in Teal Partners, a digital transformation firm, and acquired launch!, increasing its SAP offering.
In 2022, SD Worx took a majority stake in Huapii[2], a talent management platform. It also acquired HRPRO [3], Intelligo [4], and IntegHro [5].
In 2023, SD Worx acquired Gavdi Poland, SoftMachine, and Romanian Software[6]. These moves positioned SD Worx as a billion-euro revenue company. The company also increased its presence in Ireland, Romania, Croatia, and the Adriatic region, and welcomed CVC as a minority shareholder.[7]
In 2024, SD Worx acquired F2A [8], a leading Italian HR and payroll provider, expanding into southern Europe.
Leadership
Kobe Verdonck is the current Chief Executive Officer (CEO) of SD Worx.[9]
Sponsorship
SD Worx is the main sponsor of Team SD Worx - Protime, a leading women's cycling team.[10] In 2024, SD Worx announced that they would extend the commitment until 2028. [11]
References
- ↑ Brooks, Steve (2021-04-29). "SD Worx powers into Nordics with Aditro acquisition". Enterprise Times. Retrieved 2025-06-03.
- ↑ "SD Worx neemt meerderheidsparticipatie in huapii - #ZigZagHR" (in Nederlands). 2022-03-29. Retrieved 2025-06-08.
- ↑ "Belgian SD Worx acquires Croatian HRPRO to enter SEE". SeeNews. 8 July 2022.
- ↑ "Bray firm Intelligo acquired by European HR solutions provider SD Worx". 14 November 2022.
- ↑ "SD Worx adquiere Integrho para posicionarse como líder de soluciones de Nómina y RRHH en Europa". 8 November 2022.
- ↑ "SD Worx closes acquisition of Romania's market leader in payroll & HR solutions". 29 April 2024.
- ↑ "CVC invests in HR services provider SD Worx (Flanders) | Invest in Flanders". invest.flandersinvestmentandtrade.com. 2023-07-25. Retrieved 2025-06-08.
- ↑ "SD Worx signs an agreement for the acquisition of F2A from Ardian". 30 July 2024.
- ↑ "Qui est Kobe Verdonck le CEO de SD Worx".
- ↑ "TEAM SD WORX - PROTIME". UCI. Retrieved 2025-06-08.
- ↑ "SD Worx-Protime verlengt engagement tot en met 2028, ook Lorena Wiebes tekent bij | sporza". sporza.be (in Nederlands). Archived from the original on 2024-05-27. Retrieved 2025-06-08. Unknown parameter
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