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The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $300Oracle Unveils 50+ AI Agents to Transform Work Across Finance, HR, and More
Oracle has announced the launch of over 50 specialized AI agents embedded within Oracle Fusion Cloud Applications, aimed at redefining business operations across various functions such as finance, HR, supply chain, sales, marketing, and cus
Venture CapitalPaylocity Announces Definitive Agreement to Acquire Airbase Inc., a Leading Spend Management Software Solution Provider
Paylocity Corporation (NASDAQ: PCTY), a leading provider of cloud-based HR and payroll solutions, announced its definitive agreement to acquire Airbase Inc., a prominent spend management software provider. This acquisition, valued at appr
Product NewsPaychex Announces Employee Engagement Solution
Paychex, Inc. , has launched Paychex Flex® Engage, a comprehensive employee engagement platform designed to enhance collaboration and performance management across diverse workforces. This solution integrates features such as employee engag
Product NewsAwardco Launches External Recognition, An Employee Rewards and Recognition Innovation Built for Customer-Facing Teams
Awardco , a leader in employee recognition and rewards, has launched a new feature called External Recognition. This innovation allows customers, vendors, partners, or any third-party to recognize employee efforts in real-time, enhancing a
Venture CapitalMonster and CareerBuilder's Strategic Merger: Shaping the Future of Recruitment
Randstad, the world’s largest staffing firm, announced a merger between its Monster job board and CareerBuilder, a company owned by Apollo Funds. This union aims to enhance services for job seekers and employers by combining two well-known
Venture CapitalMercer to Acquire Cardano
Mercer, a Marsh McLennan business, announced its agreement to acquire Cardano, a UK and Netherlands-based long-term savings specialist with approximately $66 billion in managed assets. This strategic acquisition aims to enhance Mercer's cap
Venture CapitalDocusign Accelerates Intelligent Agreement Management with Lexion Acquisition
Docusign has announced the acquisition of Lexion, a leader in AI-powered agreement management software, for $165 million in cash. Lexion's technology enhances the contract process by enabling faster drafting, negotiation, and review, and in
Venture CapitalKelly enters agreement to acquire specialty talent solutions company, Motion Recruitment Partners, LLC
Kelly , a leading global talent solutions provider, has announced a significant agreement to acquire Motion Recruitment Partners, LLC (MRP), a specialty talent solutions company. This transformative acquisition aims to bolster Kelly's scale
Venture CapitalMedRisk Agrees to Purchase Casualty Claims Solutions Business from Conduent
MedRisk, a leader in managed physical rehabilitation for workers' compensation, has agreed to acquire the Casualty Claims Solutions business from Conduent, including Strataware products. This acquisition encompasses services like workers' c
Company NewsAlight Announces Agreement to Sell Payroll and Professional Services Business for up to $1.2 Billion
Alight , Inc. announced the sale of its Payroll & Professional Services business to an affiliate of H.I.G. Capital for up to $1.2 billion, aiming to transform into a more focused employee wellbeing and benefits platform. This strategic move
Product NewsChartHop Introduces Flexible HRIS Built for the Entire Organization Featuring AI Insights
ChartHop introduces its innovative HRIS, integrated within its People Operations Platform, to centralize and streamline workforce management. This system empowers HR and finance teams with adaptable tools for analytics, workflow configurati
Venture CapitalFirst Advantage to Acquire Background Check Company Sterling for $2.2 Billion in Cash and Stock
First Advantage Corporation has announced a definitive agreement to acquire Sterling Check Corp. for approximately $2.2 billion, inclusive of debt. The merger unites complementary technology and services in employment background screening a
Company NewsFirst Advantage Reports Full Year and Fourth Quarter 2023 Results
First Advantage Corporation reported its financial outcomes for 2023, highlighting a revenue of $763.8 million and a net income of $37.3 million. The adjusted EBITDA was $237.6 million. Despite a revenue decline from the previous year, the
Venture CapitalWorkday Announces Intent to Acquire HiredScore
Workday, Inc. has announced the acquisition of HiredScore, a leading provider of AI-powered talent orchestration solutions. This acquisition aims to merge Workday's Talent Management and Skills Cloud with HiredScore's solutions to offer a c
Venture CapitalHireRight Embarks on a New Chapter: $1.65 Billion Acquisition by Leading Investment Giants
HireRight Holdings Corporation, a leader in global background screening services and workforce solutions, has announced its acquisition by investment funds affiliated with General Atlantic and Stone Point Capital. This strategic move, value
ColumnUKG Helps Two-Thirds of NRF Top 100 Retailers Create Great Workplaces
AI-powered HCM suite built with the world’s largest collection of people, work, and culture data transforms the employee experience. LOWELL, Mass. & WESTON, Fla. UKG , a leading provider of HR, payroll, workforce management, and culture sol
Product NewsAon’s $13.4 Billion Gamble: Acquiring NFP to Dominate the Middle Market
Expands Aon's presence in large and fast-growing middle-market segment, with opportunity to enhance distribution through the firm's Aon Business Services platform to deliver more value to clients Brings together two cultures with a shared c
Company News3 Ways Workforce Management Software Reduces Labor Costs
The article discusses the rising labor costs, especially for organizations employing hourly and frontline workers, amidst increased operating expenses, supply chain disruptions, and labor shortages. A strategic approach to workforce managem
Company NewsEasop Announces Strategic Partnership with Carta and Snags Investment from Tech Law Firm Cooley's Fund and SemperVirens
NEW YORK , -- Easop , the equity compensation solution for global teams, announces a significant milestone in its journey towards revolutionizing global employee equity management. In only 18 months, the company has forged a strategic partn
Venture CapitalFuturis Acquires Healthcare Staffing Business from Recruiter.com
NEW YORK, NY / August 15, 2023 / Recruiter.com Group, Inc. (NASDAQ: RCRT)(NASDAQ: RCRTW) ("Recruiter.com" or "the Company") today shares exciting news: Futuris Company (OTC: FTRS), a leader in Human Capital Management (HCM), has reached an
Venture CapitalCanadian Healthcare Staffing Acquisition: Premier Health Buys Solutions Staffing
MONTRÉAL, July 04, 2023 -- Premier Health of America Inc. (TSXV: PHA) (“Premier Health” or the “Corporation”), a leading Canadian Healthtech company, is pleased to announce that it has signed this day a binding share purchase agreement (the
Company NewsBambooHR Innovates Employee Benefits Enrollment with Launch of New Administration Solution
BambooHR, the renowned provider of cloud-hosted HR software, has launched Benefits Administration, a new solution that aims to simplify benefits enrollment for many organizations. Integrated directly into the BambooHR platform, Benefits Adm
Company NewsQualtrics Announces First Quarter 2023 Financial Results, Total Revenue Up 22% Year Over Year to $409.8M
• Q1 2023 total revenue of $409.8M, up 22% year over year • Q1 2023 subscription revenue of$339.8M, up 21% year over year • Total remaining performance obligations of $2,135.1M, up 21% year over year • Next 12 months remaining performance o
Venture CapitalDHR Highlights: Acquisitions & Funding News of December
We've gathered the most noteworthy funding and acquisition news in the HR sector of December. We have selected 7 funding news and 3 acquisition news. Among the investment news we selected, 2 companies have become unicorns after the investme
Venture CapitalHeidrick & Struggles Enters into Agreement to Acquire Atreus, Executive Interim & On-Demand Talent Business, in Germany
Acquisition Builds on Heidrick & Struggles' Leadership Position in Executive On-Demand Talent Space CHICAGO , Dec. 29, 2022 -- Heidrick & Struggles (Nasdaq: HSII ), a premier provider of global leadership advisory and on-demand talent s
Venture CapitalArthur J. Gallagher & Co. Acquires Buck For 660 Million
ROLLING MEADOWS, Ill. , Dec. 20, 2022 -- Arthur J. Gallagher & Co. (NYSE: AJG) today announced an agreement to acquire the partnership interests of BCHR Holdings, L.P., dba Buck. The transaction is expected to close during the first half
Venture CapitalPearson to Acquire Workforce Assessment Provider, PDRI
Acquisition to significantly expand Pearson's services to U.S. Federal Government HOBOKEN, N.J. , Dec. 19, 2022 -- Pearson today announces it has entered into an agreement with SHL Group to acquire Personnel Decisions Research Institute
Venture CapitalDocuPhase Acquires Frevvo to Extend its Solution-Based Automation Platform
TAMPA, Fla. -- DocuPhase , a leading provider of Business Process Automation (BPA), accounting automation, and B2B payments software and solutions, announced the acquisition of Frevvo , a workflow automation company providing digital onlin
Venture CapitalPersonio nabs $200M at a $8.5B valuation as its HR for small businesses hits the big time
Personio — a startup out of Munich, Germany that styles itself as a Workday and ServiceNow focused on the small and medium businesses of the world — went on a funding tear through the COVID-19 pandemic after its recruiting, payroll, people
Venture Capital$43M Series B brings Zip’s valuation to $1.2B
Before we founded Zip, we experienced firsthand the frustrations of the traditional procurement process and the friction it creates for businesses that are trying to innovate quickly— especially in a world where purchasing is becoming more
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