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The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $300ADP Acquires Sora: A Game-Changer in HR Workflow Automation
Advanced data integration and unified workflow experience simplifies complex HR processes for companies of all sizes ROSELAND, N.J. , Aug. 3, 2023 ADP ® , a global technology company providing human capital management (HCM) solutions, tod
Venture CapitalElite365 Announces Strategic Acquisition of Kobor MedSearch, LLC, which Expands its Anesthesia Staffing Services
TAMPA, Fla.-- Elite365 - Healthcare Workforce Solutions (Elite365) today announced its acquisition of Kobor MedSearch, LLC, a healthcare staffing firm with more than 25 years of expertise. The acquisition represents Elite365’s commitment to
Venture CapitalAvionté, A Leader in Enterprise Staffing and Recruiting Software, Acquires SimpleVMS
BLOOMINGTON, Minn.-- Avionté , a leader in enterprise staffing and recruiting software, announced today it acquired SimpleVMS , a vendor management system (VMS) for mid-to-large employers with a strong clerical and light industrial (CLI) c
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
EarningsRobert Half Reports Second-quarter Financial Results
MENLO PARK, Calif. , July 25, 2023 -- Robert Half Inc. (NYSE: RHI) today reported revenues and earnings for the second quarter ended June 30, 2023. For the three months ended June 30, 2023, net income was $106 million , or $1.00 per sha
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
EarningsTrueBlue Reports Second Quarter 2023 Results: Revenue was $476 million, a Decrease of 16 Percent YOY
TACOMA, Wash.-- TrueBlue (NYSE: TBI) announced its second quarter results for 2023 on 24 July. Second quarter revenue was $476 million, a decrease of 16 percent compared to revenue of $569 million in the second quarter of 2022. Net loss per
EarningsPaychex, Inc. Releases 2023 Fiscal Results
ROCHESTER, New York, June 29, 2023-- Paychex , Inc., announced the following results for the quarter ended May 31, 2023 (the "fourth quarter") and fiscal year ended May 31, 2023 ("fiscal 2023"), as compared to the corresponding prior-year p
Venture CapitalThe Largest Healthcare Talent Software and Staffing Company in the U.S. Aya Healthcare Acquires Polaris AI
San Diego, CA — Aya Healthcare , the largest healthcare talent software and staffing company in the U.S., today announced its acquisition of Polaris AI , a machine learning platform that predicts future patient volume and staffing levels in
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
Company NewsNexaLearning to Merge with A HR Consulting Firm JER HR Group to Deliver Expanded Organizational Development & Learning Services
NexaLearning will merge with JER HR Group LLC, a recognized leader in compensation, learning and HR consulting services. NEW YORK, NY – July 18, 2023 JER HR Group and NexaLearning jointly announce their plans for NexaLearning to join JER
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
Venture CapitalAn Education Assistance Benefits Platform Tuition.io Acquires Wiley’s Tuition Manager Business
SAN MATEO, CA — Tuition.io , a leading education assistance benefits provider, has acquired Wiley’s (NYSE: WLY) Tuition Manager business, which enables employers to offer a range of tuition assistance benefits to their workforces. Terms
Company NewsSimplilearn Collaborates with Google Cloud to Upskill Learners with Digital Skills
Simplilearn will create a roadmap to bolster its learners' digital upskilling experience. After completion, learners will receive a co-branded module completion certificate from Simplilearn and Google Cloud Learning. SAN FRANCISCO , July 6
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 CapitalMarsh McLennan Agency Acquires Integrity HR, Inc.
Acquisition marks launch of new national HR consulting capability. White Plains, NY, July 6, 2023 – Marsh McLennan Agency , a subsidiary of Marsh, today announced the acquisition of Integrity HR, Inc. , a human resources consulting firm ba
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
Company NewsOracle Integrates Generative AI into Fusion Cloud HCM, Revolutionizing HR Processes and Productivity
Oracle has announced the addition of generative AI-powered capabilities to Oracle Fusion Cloud Human Capital Management (HCM). These new features aim to streamline HR processes, improve productivity and enhance experiences for candidates, e
Venture CapitalTandym Group Acquires AETEA Information Technology
NEW YORK , June 21, 2023 -- Tandym Group ("Tandym"), a national consulting, recruitment, and workforce solutions company, announced today that it has acquired AETEA Information Technology ("AETEA"), a technology staffing company. Terms of
Venture CapitalXTM Signs Definitive Agreement to Acquire Issuer, Processor, Certified EWA Provider - QRails
June 15, 2023, MIAMI, TORONTO -- XTM Inc. (“ XTM ” or the “ Company ”) (QB: XTMIF / CSE:PAID / FSE:7XT), a Miami and Toronto-based Fintech creator of payment innovations and mobile solutions specifically geared towards service industries in
Venture CapitalVERITONE CLOSES ACQUISITION OF BROADBEAN
Accelerates AI Leadership in Global Talent Acquisition and Recruiting Veritone HR Solutions delivers powerful suite of AI-enabled recruitment solutions to enhance operational efficiency, automation and data-driven hiring decisions for emplo
Venture CapitalAya Healthcare Acquires Flexwise Health to Amplify Workforce Optimization Capacity and Cost Savings through Predictive Analytics
Aya Healthcare Acquires Flexwise Health, Amplifying Workforce Optimization Capacity and Cost Savings through Predictive Analytics SAN DIEGO, CA (June 13, 2023) -- Aya Healthcare , the largest healthcare talent software and staffing company
Company NewsVeritone Amplifies Its AI-Driven HR Solutions Suite with Broadbean Acquisition
Veritone, a leader in enterprise AI, has completed the acquisition of Broadbean, a global leader of SaaS technology from CareerBuilder, bolstering its AI-driven HR solutions. Broadbean's job distribution software, extensive network and data
Venture CapitalA Healthcare Staffing Company Jackson Healthcare Completes Acquisition of A Medical Staffing Company LRS Healthcare
ATLANTA and OMAHA, Neb., June 12, 2023 — Jackson Healthcare ® , a family of highly specialized healthcare staffing, search and technology companies, and LRS Healthcare ® , a leading provider of medical staffing, today announced that the a
Company NewsBeamery Announces Real-time Workforce Planning, Reinventing Obsolete Processes Unsuited To Business Agility
LONDON, -- Beamery , the global leader in Talent Lifecycle Management, today announced a revolutionary new model for businesses to run workforce planning and make real-time decisions around hiring and talent development. The traditional pro
Venture CapitalGrowthCurve Capital Acquires Netchex to Further Accelerate Growth
Netchex to leverage GrowthCurve’s expertise in data analytics and AI to accelerate growth Covington, LA and New York, NY – June 7, 2023 – Netchex (“Netchex” or the “Company”), a leading provider of cloud-based human capital management and
Venture CapitalAxuall Secures $20M Series B Capital Raise after Accelerated Market Growth & Enterprise Adoption
Noro-Moseley Partners, along with a syndicate of leading healthcare organizations, invest in optimizing the clinician workforce via Axuall’s Data Network CLEVELAND, May 31, 2023 -- Axuall , the industry leader in clinical workforce intellig
Venture CapitalVeritone To Acquire Broadbean, Signifying Deeper, Global Commitment For Veritone’s AI-Powered Human Resources Solutions
Acquisition expected to be immediately accretive, generating annualized SaaS revenues of over $35 million, of which over $30 million is subscription-based with attractive margins Acquisition of Broadbean will advance current human resource
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