January 2018 – Austin, TX – Asure Software (NASD: ASUR) ) Asure acquires Telepayroll, Pay Systems of America, Savers TPA, and ISystems, (more acquisitions).
Feb 2018 – Vettery acquired by The Adecco Group. Staffing talent HR company acquired by staffing workforce solutions provider. Acquired for $100M.
Feb 2018 – CEB Talent Assessment acquire by Exponent Private Equity. HR Assessment solutions. Acquired for $400m via LBO.
March 2018 – Kroll [HireRight, Corporate Risk Holdings Inc – Altegrity] acquired by Duff & Phelps [Permira]. Pending.
April 2018 – New York, NY – CultureIQ (Parker Gale) acquires CEB’s Workforce Surveys & Analytics (WS&A) division, which is being divested from Gartner. WS&A will be acquired from Gartner with the financial support of technology-focused private equity firm ParkerGale Capital. Pending.
April 2018 – Peoplefluent acquired by Learning Technologies Group. HR Talent management solutions acquired by elearning company for $150M.
May 2018 – Tokyo & California - Glassdoor acquired by Recruit Holdings. Acquired for $1.2B in cash.
May 2018 – Australia - Equatex acquired by Computershare. Provider of compensation plan services acquired for $354.4M euros.
June 2018 – California - Adaptive Insights acquired by Workday (NYSE: WDAY). Analytics for business planning acquired for $1.6B.
Commentary /
- More than 40 2018 YTD acquisitions.
- More than 84 newly funded HR solutions.
- 1 notable IPO in April 2018 –Ceridian HCM Holdings Inc (TSX:CDAY, NYSE:CDAY) - Tech company Ceridian raises $462 million through IPO.
- Valuations remain flat for HR services.
- HR tech valuations are highly dependent upon the quality of the platform and the underlying company economics.
Additional list of acquisitions acquired for an undisclosed price available from the following data sources:
