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The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $300Kuadra Support, a Mexican Nearshore Outsourcing Firm, is Acquired by BeachFleischman For the Majority of its Stock
BeachFleischman PLLC , Arizona’s largest locally-owned public accounting firm, acquires the majority ownership stake in the nearshore outsourcing firm, Kuadra Support , located in Hermosillo, Sonora, Mexico. Kuadra serves the talent needs o
Company NewsSetting the Record Straight: Deel Responds to Inaccurate Claims
Deel , a global HR admin platform, has recently found itself at the center of several inaccurate claims made against the company. In a statement released on their blog, Deel addresses these allegations, aiming to clear up any misunderstandi
HotNewsAI and Accountability: The Landmark EEOC Lawsuit Against iTutorGroup for Age Discrimination
In a landmark decision marking the first case of AI discrimination in the United States, the Equal Employment Opportunity Commission (EEOC) charged iTutorGroup with unlawfully programming their online recruitment software to reject older ap
Product NewsKohlberg & Company, LLC announced a strategic partnership with Engage PEO: Acquire a Majority Stake
MOUNT KISCO, N.Y. & NEW YORK– Kohlberg & Company, LLC (“Kohlberg”) today announced a strategic partnership with Engage PEO (“Engage” or “the Company”), a leading professional employer organization (“PEO”) providing HR outsourcing solutions
Company NewsWork Smarter: How SeekOut Assist and Pipeline Insights are Transforming Recruiting
In a rapidly evolving labor market, efficiency and innovation are paramount for talent acquisition teams. SeekOut, a leading Talent Intelligence Platform, has recently announced two groundbreaking innovations: SeekOut Assist and Pipeline In
Product NewsTriNet Group, Inc. Announces Plans to Launch a $1 Billion Fixed Price Tender Offer and Repurchase From Atairos, Each at A Cost of $107 Per Share of Common Stock
Dublin, CA — July 31, 2023 — TriNet Group, Inc. (NYSE: TNET), a leading provider of comprehensive and flexible human capital management (HCM) solutions for small and medium-size businesses (SMBs), announced its plan to launch a fixed price
Company NewsHumanforce and Datacom Have Announced a Partership, Enabling Clients Wishing to Combine WFM & payroll in a Single, integrated User Experience Greater Options and Flexibility
Sydney, 25th July 2023: Humanforce , a Sydney-based, global provider of human capital management (HCM) solutions, announced a partnership agreement with Datacom , Australasia’s largest homegrown technology solutions provider, to provide an
Venture CapitalGoLogiq Signs to Acquire Vietnam-Based Payroll and HR Fintech Platform, Symplefy, for $30 Million
NEW YORK, July 27, 2023 – GoLogiq, Inc. (OTC:GOLQ), a U.S.-based global provider of fintech and consumer data analytics, has signed a definitive agreement to acquire Symplefy , a provider of innovative payroll and end-to-end human resource
Company NewsTriNet Reports Strong Q2 2023 Results with 15% YoY Increase in Net Service Revenue
TriNet, a leading provider of comprehensive human resources solutions for small and medium-size businesses (SMBs), announced its second quarter 2023 results. The company reported a net service revenue of $250 million, up 15% year over year.
EarningsADP Releases Fourth Quarter and Fiscal 2023 Results
ROSELAND, N.J. – July 26, 2023 – ADP (Nasdaq: ADP), a leading global technology company providing human capital management (HCM) solutions, announced its fourth quarter and fiscal 2023 financial results and provided its fiscal 2024 outlook.
Company NewsAspirion Selects PrimePay to Streamline People Management and Enhance Employee Experience
WEST CHESTER, July 25, 2023 — PrimePay , the human capital management (HCM) company for growing businesses, announced that Aspirion, a leading technology-enabled healthcare revenue cycle management provider for complex claims and revenue i
Venture CapitalSmartlinx Announces Strategic Investment from Lone View Capital to Promote Workforce and Human Capital Management Innovation for Healthcare Providers
ISELIN, N.J. & LOS ANGELES---- Smartlinx (“Smartlinx” or the “Company”), a pioneer and leader in workforce management solutions, announced that Lone View Capital (“Lone View”), a growth-oriented private equity firm investing across the tech
NewsUSCIS's New Form I-9 and Remote Verification Rule Effective August 1: A Significant Step Towards Digital Transformation in Employment Verification
This is a significant development that reflects the ongoing shift towards remote work and digital processes in the wake of the COVID-19 pandemic. The ability to conduct remote documentation and verification will likely streamline the hiring
Venture CapitalAllied Benefit Systems, LLC Acquires Medxoom: the Acquisition Puts Allied at the Forefront of Creating the Next-generation User Experience
CHICAGO , July 18, 2023 -- Allied Benefit Systems, LLC ("Allied"), one of the nation's largest healthcare administrators for employee benefit plans, and its majority equityholder, funds managed by Stone Point Capital LLC , today announced
Venture CapitalBlockchain-Based Employment Platform Opolis Raises $6.6M in Bridge Fundraising Round
Opolis, a blockchain-based platform for independent workers, has secured a bridge fundraising round of $6.6M. The round was led by Berlin-based crypto investment firm Greenfield, with additional investment from the NEAR Foundation, Draper A
Company NewsG-P Enhances G-P Meridian Suite with Latest Innovations
G-P Enhances G-P Meridian Suite with Latest Innovations to Make Global Growth Accessible to Everyone, Everywhere Company delivers new fintech enhancements, simplified self-service functionality and customizable compliant contracts for compa
Venture CapitalMultinational Businesses Cheer UKG Acquisition of Immedis: Launch of UKG One View Transforms How Businesses Pay People Around the World
LOWELL, Mass., and WESTON, Fla., July 12, 2023 — UKG , a leading provider of HR, payroll, and workforce management solutions for all people, has completed the acquisition of Immedis , a leading global payroll provider with technology and s
Company NewsAsure Software Partners With Amazon Web Services Application Modernization Lab
Collaboration Creates Opportunities to Leverage Modern Advancements in Cloud Optimization and Artificial Intelligence for Ongoing Platform Development Strategic Partnership Allows Asure Opportunity to Provide Customers with Unprecedented, M
NewsJamf Teams With Google Cloud to Enable Collaborative, Mobile Workforces Through New Advanced Security and Management Workflows
MINNEAPOLIS – July 6 , 2023 – Jamf (NASDAQ: JAMF), the standard in managing and securing Apple at work, announced three new integrations with Google Cloud, enabling and protecting mobile workforces that use Google and Apple. Encompassing
Venture CapitalHireRight Acquires Majority Share of DTIS
Nashville, Tenn. — July 6, 2023 — HireRight Holdings Corporation (NYSE: HRT), a leading provider of global background screening services and workforce solutions, today announced the acquisition of a majority share of Digital Trusted Ident
Venture CapitalClair raises $175 million in funding to launch first free, on-demand pay solution powered by Pathward®, N.A., to help front-line workers get paid same day
July 6, 2023 – Clair , a mission-driven fintech company, today announced it raised $175 million in funding to launch the first free, consumer-friendly, on-demand pay solution as a consumer lending program backed by an FDIC-insured bank. Th
Venture CapitalTraydstream Accomplices With X0PA AI To Simplifies Its Hiring and Talent Acquisition Procedures
LONDON , July 3, 2023 -- Traydstream , a fast growing fintech company based in the United Kingdom , is pleased to deploy X0PA AI , a pioneering artificial intelligence solutions hiring platform. Through this partnership, Traydstream aims
Company NewsiiPay Expands into Mexico, Forging Strategic Partnership with Grupo Tress International for Global Payroll Solutions
Dallas, Texas, Monterrey, Mexico, and Cheltenham, UK – 29 June 2023 – iiPay , a global leader in innovative cloud-based payroll software technology, is excited to announce its expansion into Mexico with a new office in Monterrey, Nuevo Le
HR TechnologyY Combinator's Revenue Leaders: A Deep Dive into the HR Tech Landscape
The article explores the future trends and opportunities in the HR Tech domain based on the performance of HR Tech companies in Y Combinator's list of top companies by revenue. Key players such as Checkr, Deel, Gusto, and Rippling are discu
Company NewsRemote and Gusto launch global employment and compliance partnership for U.S. companies
Remote work was the beginning. Distributed work is the present — and the future — for businesses looking to hire the best people. Today, Remote and Gusto are establishing a new partnership to help SMBs in the United States access global tal
Venture CapitalVidCruiter Acquires Ingage Solutions
VidCruiter is proud to announce they’ve acquired Ingage Solutions! This represents an exciting step in expanding VidCruiter ’s interview intelligence in line with their mission of helping clients continue to find the best employees. They un
NewsHRSoft Expands Leadership Position in the Compensation Management Market With CompTrak Acquisition
DENVER, CO – June 20th, 2023 – HRSoft , the global leader for cloud-based Compensation Lifecycle Management software, announced that it has acquired CompTrak , a compensation management solution provider based in Toronto, Canada. By adding
Venture CapitalHRSoft Expands Leadership Position in the Compensation Management Market with CompTrak Acquisition
Combined Entity Will Further Enable Global Compliance and Complex Compensation Planning and Execution with Scalable Enterprise-Grade SaaS Solutions DENVER, CO (June 20th, 2023) — HRSoft , the global leader for cloud-based Compensation Lif
Venture CapitalHumanforce Acquires IntelliHR, Cementing Its Position as a Best-of-breed Human Capital Platform
Its third acquisition in a year, Humanforce continues to strengthen ability to deliver on mission of making work easier and life better for frontline and flexible workforces. Sydney, 14 June 2023: Humanforce , a Sydney-based global provid
Venture CapitalFuse Cooperative Acquires Gustav to Elevate Staffing and H-1B Partnerships
The ability to efficiently partner in the highly competitive staffing industry is getting a major upgrade with Fuse Cooperative’s acquisition of Gustav, which transforms staffing’s largest vendor marketplace into a platform cooperative that
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