Last month, again showed some interesting European hashtag#HRTech deals - with a lot of activity by private equity.
Let me know if I overlooked something in the comments below!
⬇ 𝐇𝐑𝐓𝐞𝐜𝐡 𝐓𝐫𝐚𝐧𝐬𝐚𝐜𝐭𝐢𝐨𝐧𝐬:
📝 Ciphr (UK) backed by ECI Partners acquired Shape Payroll (UK) strengthening its HR and payroll software by adding a cloud-based payroll platform: https://lnkd.in/eivycx5m
📝 Maguar Capital (DE) acquired shyftplan (DE) adding another hashtag#HRTech investment - now in the shift planning and workforce management space - to its portfolio: https://lnkd.in/eYagqxR9
📝 Pluxee (FR) acquired Cobee (ES) marking a first significant move in M&A strategy and expanding its digital benefits portfolio: https://lnkd.in/emzWsV9e
📝 Invincible Software Holdings (ISH) (UK) acquired Staff Squared (UK) a core HR platform based in the UK: https://lnkd.in/emukUT6Y
📝 Bullhorn (NL) acquired Textkernel by Bullhorn (NL) with to accelerate its AI strategy with the parsing and matching technologies:
📝 Fortino Capital (NL) acquired ProMark (DK), a leading provider of cloud-based workforce management software: https://lnkd.in/e9njSE5Y
📝 The Citation Group (UK) backed by KKR acquired Agendrix (CA)
to expand its compliance software offering with a Canadian scheduling software - its 3rd acquisition this year: https://lnkd.in/e8BC79fc
📝 Home of People (NL) acquired Efficient at Work (NL) expanding its business in temporary employment agency: https://lnkd.in/eQegKah4
📝 Toptal (FR) acquired Growth Collective (US) a leading freelancer marketing platform expanding its fully remote workforce with marketing: https://lnkd.in/ecBhXCWx
Congrats to all of those involved in the deal and all the best for the next iteration of the journey!
🌎 Globally, for me most interesting deals were:
📝 Vensure Employer Solutions closed five local payroll acquisitions just in June by adding Execupay Solutions, CONTRATE S.A, White Label HR, Apex America and emplicity PEO bringing its total to 76 in six years
📝 Altaris, LLC acquired Sharecare
📝 Goldman Sachs invests in CarltonOne
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