Remote working Fintech Deel announced recently that it will be acquiring Hofy.
Deel claims that they are now “bringing the best IT services and device lifecycle management in-house.”
According to a blog post by Deel, over the past few years, “running a global HR function has become increasingly complex: HR leaders are expected to keep up with ever-changing local hiring and payroll laws, create global performance management programs, and coordinate the challenging onboarding and hardware logistics with their global IT partners.”
Deel says they are here “to help HR and IT leaders consolidate their tools and worry about one less thing.”
That’s why Deel says they are now “acquiring Hofy to provide global customers IT services and device lifecycle management, alongside their suite of EOR, global payroll, contractor management, immigration and people management tools.” As noted in the update from Deel, is “another step in our goal to become the most comprehensive HR & payroll platform worldwide.”
Deel says they understand “the pain points between global HR and IT: Deel has more than 4,000 team members dispersed across 20+ time zones, so we sought out the best partner to meet our unique needs.”
Over the past 2.5 years Deel has “run its fully remote, global team on Hofy – they are the best of the best. We’ve shipped an estimated 5,000 devices to 98 countries.”
In their experience as both a customer and partner of Hofy, they were impressed “with their global scale, expertise, and customer service that we decided to join forces officially.”
As noted in a blog post, Hofy is the “device supply and management company in the world.”
Unlike its competitors, Hofy has global coverage and infrastructure, “supporting 127+ countries in fewer than ten working days with a 99% on-time delivery rate and 24/7 industry-leading customer service.”
The company offers full end-to-end IT lifecycle management – “everything from device delivery, collection, repair and replacement, to managing the employee on and offboarding process, device security, pre-configuration, and data erasure.”
Today, Hofy counts Canva, Forbes, Fujitsu, GoDaddy, and HelloFresh as customers.
Soon, they will fully integrate Hofy into Deel and “launch Deel IT, our end-to-end global IT services platform.”
Along with device supply and management, Deel IT will offer “a suite of IT services like software provisioning, app access management and integrations with mobile device management (MDM) and identity tools.”
Customers will be able to see a full “view of their IT set-up and will be able to handle complex shipping, procurement, and management of devices globally from one platform, with a few clicks.”
It will be fully integrated inside Deel as well as interoperable “across any HRIS, including Workday and HiBob.”
Deel claims that it will be the first HR and payroll company “to offer a solution this robust fully in-house.”
They reportedly plan to launch Deel IT in all markets later this year.
As stated by Deel’s management, they started the company “with a core expertise in global hiring and payroll, but they’ve been listening to customers along the way and adding new products and services to help ease pain points associated with building, scaling and managing global teams.”
They’re now pleased to “add this new service to their ever-expanding HR and payroll platform.”
