Last month, again showed some interesting European #HRTech deals - with most activity in the UK recruitment agency space but also with a remarkable deal by Deel.
𝐇𝐑𝐓𝐞𝐜𝐡 𝐓𝐫𝐚𝐧𝐬𝐚𝐜𝐭𝐢𝐨𝐧𝐬:
📝 Deel (US) acquired Hofy (UK) in a deal that was worth over $100 million thus adding a London-based company that delivers and helps manage office equipment for remote hires to its portfolio: https://techcrunch.com/2024/07/18/deel-acquires-hofy-to-build-its-own-it-device-management-service/
📝 SD Worx (BE) acquired F2A (IT) as leading Italian HR and payroll solutions provider from Ardian which had been invested since February 2016 expanding its European regional coverage: https://www.sdworx.co.uk/en-gb/press/2024-07-30-sd-worx-signs-agreement-acquisition-f2a-ardian
📝 Assessio (SW) acquired S & F Personalpsychologie Managementberatung GmbH (DE) and thus continuing its expansion into other European markets with the German HR Diagnostics business: https://www.prweb.com/releases/assessio-expands-european-presence-with-strategic-acquisition-of-the-hrd-group-302189568.html
📝 Barrington James (US) acquired S3 Science Recruitment (UK) thus providing its clients with better access to exceptional talent on both a permanent and temporary basis: https://www.prnewswire.co.uk/news-releases/barrington-james-announces-strategic-acquisition-of-s3-science-recruitment-302188155.html
📝 11 Investments (UK) acquired FIFTEEN WEST (US) enhancing its UK and US footprint and creating new growth opportunities for its partners: https://www.staffingindustry.com/news/global-daily-news/11-investments-acquires-recruitment-firm-fifteen-west
📝 Operam Education Group (UK) acquired Horizon Teachers (UK) expanding its reach for education recruitment beyond the North and the Midlands to the London area: https://www.staffingindustry.com/news/global-daily-news/operam-education-acquires-horizon-teachers
📝 THOMAS Recruitment Group (UK) acquired Hooray Recruitment | B Corp™ (UK) offering expert permanent and contract staffing in professional services, education, and healthcare: https://hoorayworks.co.uk/news/gloucestershire-recruitment-agency/
Congrats to all of those involved in the deal and all the best for the next iteration of the journey!
🌎 Also globally there no additional exceptional deals came across my desk in July making it an a bit less busy month than the months before.
Let me know if I overlooked something in the comments below! ⬇
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