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💰 August 2024: European HRTech Investment Update - M&A 🚀

Autorenbild: Jens BenderJens Bender

Aktualisiert: 12. Feb.

Last month, was a less busy month in terms of mergers and acquisition due to summer break. There were only a few European and also global #HRTech deals recorded.

𝐇𝐑𝐓𝐞𝐜𝐡 𝐓𝐫𝐚𝐧𝐬𝐚𝐜𝐭𝐢𝐨𝐧𝐬:

📝 ZipRecruiter (US) acquired Breakroom (UK), a UK-based employer review platform focused on frontline industries such as retail and hospitality. ZipRecruiter plans to launch Breakroom in the United States to empower workers with the job insights they need to apply with confidence. Breakroom will continue to operate as an independent brand: https://www.ziprecruiter.com/blog/ziprecruiter-acquires-breakroom/

📝 The Riverside Company (US) invests in GFOS mbH (DE), a provider of leading software solutions in workforce management, access control and manufacturing execution systems (MES). Together, the companies plan to leverage the growth potential of these markets, both nationally and internationally: https://www.riversidecompany.com/currents/gfos-investment-news-release/

📝 Lightcast (US) acquired Stratigens now part of Lightcast (UK), a talent intelligence provider. Lightcast will add Stratigens’ team in data science and profiles data, offering customers an enriched understanding of the available talent supply in different markets: https://lightcast.io/resources/blog/stratigens-press-release-august-27-2024

🌎 Also globally, no additional exceptional deals came across my desk in August (besides some staffing and payroll services industry deals primarily in the US) making it also a less busy months. But my September tracker already shows this will change this month again. 

Congrats to all of those involved in these deals and all the best for the next iteration of the journey!

Let me know if I overlooked something in the comments below! ⬇

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