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Paychex, Inc. has agreed to acquire Paycor HCM, Inc. in a $4.1 billion all-cash transaction, marking a significant milestone in the HCM software industry. Apax Partners, Paycor's majority stakeholder since 2018, has been instrumental in dri
Venture CapitalInvst Acquires NS Capital, Revolutionizing Retirement Solutions for Businesses
Invst , a leading investment advisory firm, has acquired NS Capital to establish the Invst Unity Pooled Employer Plan (PEP). This strategic move revolutionizes retirement solutions for businesses, addressing challenges like fiduciary liabil
Venture CapitalDeel Acquires Assemble: A New Era in Global Compensation Management
Deel’s acquisition of Assemble marks a significant advancement in global workforce management. By integrating Assemble’s robust compensation management tools into Deel’s platform, businesses can now access a seamless, data-driven solution f
Venture CapitalAI Leader Grammarly to Acquire Coda, Bring on New CEO
Grammarly , a leader in AI communication tools, announced its acquisition of productivity platform Coda . This move aligns with Grammarly’s vision to evolve into a comprehensive AI productivity platform, integrating Coda's flexible tools an
Venture CapitalTwill Raises $1.4M to Redefine Tech Hiring Through Expert-Driven Recommendations
Twill , a next-generation talent platform, has secured $1.4M in pre-seed funding led by Bloomberg Beta to revolutionize technical hiring. By utilizing peer recommendations and a community of vetted tech professionals, Twill ensures companie
Company NewsUKG Hires Sarah Hodges as Chief Marketing Officer
UKG , a leader in HR, payroll, and workforce management solutions, has appointed Sarah Hodges as Chief Marketing Officer (CMO), effective January 6, 2025. With over 20 years of marketing expertise from Autodesk and Procore Technologies, Hod
Venture CapitalLegion Technologies Secures $50M: AI-Powered Workforce Management on the Rise
Legion Technologies has secured $50 million in financing from Silicon Valley Bank, rounding out a $100 million funding round in 2024 and bringing its total funding to $195 million. Known for its AI-native, employee-centric workforce managem
Venture CapitalAI-Powered Recruitment Platform Pin Launches Out of Stealth With $3 Million to Cut Hiring Time by 70%
Pin , an innovative AI-powered recruitment platform, emerges from stealth mode with a $3 million seed funding led by Expa Ventures. By automating the most time-consuming hiring tasks, Pin reduces time-to-hire by 70%, offering businesses a f
Product NewsRemote Unveils AI-Powered Recruit AI to Tackle Global Hiring Challenges
Remote has unveiled Recruit AI , a groundbreaking AI-driven hiring solution designed to tackle the complexities of global recruitment. With "Matches," an intelligent candidate matching tool, the platform identifies top talent worldwide by a
Venture CapitalAlliant Insurance Services Acquires Union First, Expanding Its Benefits Solutions for Public Safety Associations
Alliant Insurance Services has acquired Union First , a firm specializing in benefits consulting and administration for public safety professionals. Joining Alliant’s Employee Benefits Group in the West Region, Union First brings expertis
Venture CapitalAya Healthcare to Acquire Cross Country Healthcare for Approximately $615 Million in Cash
Aya Healthcare is set to acquire Cross Country Healthcare in a $615 million all-cash transaction, offering a 67% premium per share. This strategic move will integrate Cross Country’s 40-year expertise with Aya’s market-leading technology an
Venture CapitalHR Path Expands Global Reach with the Acquisition of Pay Human Group, Enhancing Its Market Presence in LATAM
HR Path , a global leader in HR consulting and HRIS solutions, has acquired Pay Human Group, a prominent Mexican company specializing in payroll management and HR consulting. This strategic move strengthens HR Path's market presence in Lati
Company NewsWorkday Appoints Liz Centoni to its Board of Directors
Workday, a leader in enterprise solutions for people and financial management, announced the addition of Liz Centoni, EVP and Chief Customer Experience Officer at Cisco, to its Board of Directors. With over two decades of expertise in drivi
Company NewsWorkday Names Rob Enslin President, Chief Commercial Officer
Workday has appointed Rob Enslin as President and Chief Commercial Officer (CCO) to lead its global commercial strategy, marking a significant step in its growth journey. Enslin, with over 30 years of experience in leading technology organi
Product NewsWEX Launches Two AI Pilots for Benefits Administration
WEX has introduced two AI-powered solutions, Benefit Assistant and BeneFITwise Premier, within its benefits administration platform, My Benefit Express . These pilots aim to streamline benefits decision-making for employees while reducing H
Company NewsRandstad Digital launches Salesforce Novelty Hub
Randstad Digital , in collaboration with Salesforce, has launched the Salesforce Novelty Hub, an innovative solution designed to address the challenges faced by Global Capability Centers (GCCs). This initiative provides a roadmap for establ
Product NewsAlight to Enhance the Employee Experience with Launch of Alight Worklife® on Microsoft Teams
Alight , Inc., a leader in human capital and technology-enabled services, has partnered with Avanade to integrate its Alight Worklife® platform with Microsoft Teams. This collaboration aims to simplify benefits access and enhance employee w
Venture CapitalUK-Based Adzuna Acquires Seiza to Dominate Social Media Recruitment in Europe and North America
Adzuna , the global job search engine, has acquired Seiza , a leading platform in social media recruitment advertising. This strategic move enables Adzuna to revolutionize recruitment by combining Seiza’s expertise in engaging over four bil
Product NewsStrivr Announces Industry's First XR Training Bundle for Retail Banking
Strivr announced the release of the industry's first off-the-shelf XR training bundle tailored for retail banking and financial services designed to accelerate training and improve employee performance through immersive, AI-powered modules.
Venture CapitalBluespine Raises $7.2 Million in Seed Funding to Help Self-Insured Employers Tackle Medical Overbilling
Bluespine , an AI-powered claims cost reduction platform, has raised $7.2 million in seed funding led by Team8. Targeting medical overbilling, a significant contributor to the $300 billion healthcare fraud, waste, and abuse crisis, Bluespin
EarningsDHI Group Q3 2024 Results: $35.3M Revenue, ClearanceJobs Grows 6% Amid Tech Job Surge
DHI Group , Inc. reported its Q3 2024 financial results, noting a 6% decrease in total revenue year-over-year, while ClearanceJobs showed growth with a 6% increase in revenue. Dice revenue declined by 12%, mirroring overall challenges in bo
Product NewsPaycor Launches New AI-Powered Assistant to Boost Productivity
Paycor, a leading HCM software provider, has launched the AI-powered Paycor Assistant, designed to streamline HR processes and enhance productivity for both employees and administrators. The new assistant allows users to engage with Paycor’
EarningsHeidrick & Struggles Q3 Financials: Revenue Up 6% to $278.6M, Strengthening Global Talent Solutions
Heidrick & Struggles reported solid third-quarter 2024 results, with revenue growth across all segments, hitting $278.6 million—a 6% year-over-year increase. Strengthening its leadership in talent solutions, the company achieved an EPS of $
EarningsTrueBlue Reports 19% Revenue Decline in Q3 2024 but Accelerates Digital Transformation to Drive Future Growth
TrueBlue, a leading workforce solutions provider, reported its third-quarter 2024 financial results, highlighting a 19% year-over-year revenue decline to $382 million and a net loss of $8 million. Despite challenging market conditions, the
Venture CapitalMercer Completes Acquisition of Cardano
Mercer , part of Marsh McLennan, has completed its acquisition of Cardano, significantly expanding its footprint in pension and investment solutions in the UK and Netherlands. This move positions Mercer to address savings gaps and enhance D
Venture CapitalKorn Ferry Completes Strategic Acquisition of Trilogy International
Korn Ferry , a prominent global organizational consulting firm, recently completed its acquisition of Trilogy International, a UK-based leader in digital interim talent services across EMEA and the United States. This acquisition enhances K
Venture CapitalEQT Acquires Leading SaaS Talent Solutions Provider PageUp to Accelerate Global Expansion and Product Innovation
EQT, a global investment organization, has acquired PageUp, an Australian SaaS leader in talent acquisition and management, from Battery Ventures. This move aims to leverage EQT's expertise to accelerate PageUp's international expansion and
Company NewsLattice's 2025 State of People Strategy Report: HR at a Crossroads with AI, DEIB, and Manager Engagement
Lattice 's 2025 State of People Strategy Report reveals that HR is at a critical juncture, facing challenges like declining employee engagement, reduced DEIB prioritization, and the slow adoption of AI. The report emphasizes the importance
Product NewsPaycor Launches Integration Platform to Transform Connectivity
Paycor has launched its new Integration Platform, aimed at simplifying the connection between its human capital management (HCM) software and third-party business applications. The platform offers three core services: Paycor Marketplace wit
EarningsTriNet’s Q3 2024 Results: Strong Retention Despite Profit Challenges
TriNet, a leading provider of HR solutions for SMBs, reported its Q3 2024 financial results. Total revenues grew by 1%, reaching $1.2 billion, while net income declined to $45 million from $94 million year-over-year, reflecting increased he
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