1、Human Capital Management Technology Sector Brief2H 2024Human Capital Management Technology Sector 2H 2024Perspectives on Human Capital Management Technology2Talent AcquisitionSolutions that enable organizations to source,recruit,interview,and assess candidatesSelect Market ParticipantsKey Trend Gene

2、rative AIAI capabilities are emerging to the forefront of talent acquisition and replacing many previous manual processes;AI tools are helping to boost productivity for HR and related fields by 66%AI tools are improving the viability and effectiveness of assessment intelligence platforms,enabling sm

3、arter,more reliable hiring decisions,thereby reducing hiring errors and saving time and money($15K+on average)for corporationsTalent ManagementSolutions that facilitate professional development,drive employee engagement,and reward performanceSelect Market ParticipantsKey Trend Data AnalyticsAnalytic

4、s and insights into workforce performance enable organizations to make data-driven decisions and facilitate agile talent management strategies by predictively identifying trends and forecasting future talent needsAccess to this critical information enables organizations to make strategic decisions b

5、ased on current market conditionsWorkforce ManagementSolutions that optimize efficiency and productivity of employeesSelect Market ParticipantsKey Trend Continue LearningNeeds assessments identify areas where additional training or development is needed to promote uplift in necessary skills amid a u

6、niversal pivot toward skills-based workforcesCutting-edge technology provides critical access to trainings,streamlined performance tracking tools,and robust personalized learning management systems,enabling corporate agility and competitiveness in workforce skillsetsSource:Nielsen Norman Group,Caree

7、rBuilder,Murray ResourcesHuman Capital Management Technology Sector 2H 2024There are a confluence of factors driving investment and technological innovation across the broader human capital management technology landscapeKey Sector Observations and Macro Trends3Transforming Candidate SelectionEmploy

8、ers are leveraging data analytics and digital assessments to revolutionize talent acquisition.Predictive analytics and AI-powered evaluation identify the best candidates,streamline hiring processes,and reduce bias.Driving Workforce DevelopmentOrganizations are prioritizing upskilling and continuous

9、learning to keep pace with rapid technological advancements and evolving job roles.Personalized training programs,online courses,and skill-based learning and assessments are increasingly being adopted across all industries and organizations of all sizes.HR as a StrategyCompanies are increasingly see

10、king software solutions that align HR initiatives with overall organizational strategy.This strategic alignment ensures that HR functions such as performance evaluations,career development,and succession planning align with business objectives.Enhance the Employee ExperienceEmployers are increasingl

11、y focused on enhancing the employee experience by integrating benefits management,wellness programs,and continuous feedback mechanisms into their organizations.Demand for these solutions has increased in an effort to boost employee engagement and retention.Optimizing Remote Work SolutionsOrganizatio

12、ns are increasingly adopting technologies that ensure seamless integration of remote workforces.HCM technologies that enable virtual onboarding,remote training,and real-time collaboration are mission-critical to ensuring connectivity between organizations and remote workers.Human Capital Management

13、Technology Sector 2H 2024What Were Reading4Korn FerryTodays job market is in constant flux,and talent leaders face a seismic shift.Artificial intelligence(AI)is revolutionizing recruitment,a new generation of workers brings new expectations,and the debate of“when,”“where,”and“how”we work rages on.Re

14、ad the full article here.Talent Acquisition Trends Report 2024DeloitteTalent Acquisition technology advancements are no longer just about matching a resume to a job description;theyre about creating hyper-personalized experiences for candidates,redefining the candidate analysis process,and scaling e

15、fficiencies like never before.The four emerging trends below arent solely focused on technology,but rather how those technologies are evolving to address the changing ways organizations identify,interact with,assess,hire,and onboard talent.Read the full article here.Talent Acquisition Technology:Fro

16、m Generative AI for Recruiting to Skills-Based HiringTrinetHuman resource professionals are no strangers to change.Economic factors,generational changes,technology shifts,and other elements transform operating norms on a regular basis.One shift that has been picking up speed in recent years is the h

17、uman capital management approach to what is traditionally called human resources.Read the full article here.Human Capital Management Trends:5 Major DevelopmentsLinkedInThe workplace is changing in ways we couldnt have imagined just one year ago.The rise of Generative AI,the marked increase in return

18、-to-office mandates,macroeconomic uncertainty,and the increasingly competitive market for talent with in-demand skills are reshaping the talent landscape.As employer priorities shift,talent acquisition will need new skills,new tools,and agility to attract,hire,and retain the best talent.Read the ful

19、l article here.The Future of Recruiting 2024 Select Harris Williams PublicationsAccess All Harris Williams Insights HereProfessional Education&Learning TechnologySector UpdateLink to ReadCompliance Technology:EHS&SCRMSector UpdateLink to ReadProfessional&Tech-Enabled ServicesSector UpdateLink to Rea

20、dCompliance Technology:GRCSector UpdateLink to ReadHuman Capital Management Technology Sector 2H 2024Select notable M&A activity across the broader human capital management technology sectorNotable Recent Sector Transaction Activity5TargetApaxs Acquisition of Zellis GroupBuyerZellis is a provider of

21、 a human resources management platform,offering payroll,global benefits administration,and HR software solutions to businesses across the UK and IrelandApaxs acquisition will accelerate Zellis next phase of growth through organic investments in technology and go-to-market as well as M&ATargetInverne

22、ss Grahams Acquisition of BenefitHubBuyerBenefitHub is a provider of a cloud-based voluntary benefits and employee engagement platform designed to reward and recognize employeesInverness Grahams acquisition will support BenefitHubs continued growth and M&A,with a focus on acquiring businesses that p

23、rovide voluntary benefits and employee engagement capabilitiesInvestorTargetBullhorns Acquisition of TextkernelTextkernel is a provider of talent acquisition and sourcing AI solutions for staffing and recruiting agencies,corporations,and other technology providers worldwideThe acquisition of Textker

24、nel will boost Bullhorns AI capabilities,enhancing its talent sourcing efficiency and unlocking a new set of solutions for Salesforce customers BuyerTargetIRIS Software Groups Acquisition of SwipeclockSwipeclock is a provider of time&attendance,scheduling,applicant tracking,and onboarding software f

25、or small businessesThe transaction will expand IRIS solution suite within workforce management,and position the company to benefit from the growth in demand for workforce management solutionsTargetBridgepoints Strategic Investment in LumAppsBuyerLumApps is a provider of innovative digital workplace

26、solutions,empowering organizations with a unified intranet platform for seamless collaboration,communication,and employee engagementBridgepoints investment will support LumApps as the company accelerates international expansion,with a focus on the U.S.market,additional investment in new product deve

27、lopment,and continued M&ATargetGeneral Atlantic,Stone Points Acquisition of HireRightInvestorHireRight is a provider of technology-driven workforce risk management and compliance solutions,including verification,identification,monitoring,and drug and health screening servicesGeneral Atlantic and Sto

28、ne Point Capitals take-private of HireRight allows the sponsors a total controlling interest in the company,after having been the largest shareholders,at 75%,prior to this latest investmentJune 2024$1.7 BillionJune 2024Valuation Not DisclosedMay 2024Valuation Not DisclosedMay 2024$650 MillionApril 2

29、0241.3 BillionApril 2024Valuation Not DisclosedSource:S&P Capital IQ,PitchBook,MergermarketHuman Capital Management Technology Sector 2H 2024Select notable M&A activity across the broader human capital management technology sectorNotable Recent Sector Transaction Activity(Contd)6TargetDayforces acqu

30、isition of EloomiBuyerEloomi is a provider of a cloud-based corporate learning and performance management platform,enabling HR and business units to make everyday tasks operationalThis acquisition of Eloomi expands Dayforces leadership in talent development,and better positions Dayforce as the all-i

31、n-one HCM solution for organizations around the worldTargetLearning Pools acquisition of OnScreenBuyerOnscreen is a provider of a digital adoption platform designed to train employees to SAP technology,enabling organizations to support their employees as they learn new softwareThe acquisition of OnS

32、creen adds digital platform adoption functionality to Learning Pools solution suite,enabling Learning Pool to support smarter employee onboardingInvestorTargetCornerstone OnDemands acquisition of TalespinTalespin is a provider of a spatial learning platform,offering workforce skills development to o

33、rganizations through its proprietary extended reality(XR)learning technology The acquisition solidifies Cornerstones robust content subscriptions,curation,creation,and insights technology to create an end-to-end learning content solution powering the future of workBuyerTargetTimePlans acquisition of

34、 TimeMapTimeMap is a provider of time tracking and workflow integration software,enabling organizations across a range of verticals,including production,manufacturing,and professional services,to track productivityThe acquisition of TimeMap will allow TimePlan to expand into new verticals while furt

35、her solidifying TimePlans leading position in the Danish workforce management marketTargetRubicons investment in Vimly Benefit SolutionsBuyerVimly is a provider of a cloud-based platform designed to simplify the complexities of workforce management,and automate the entire process,from benefits acqui

36、sition to ongoing administrationRubicons investment will accelerate Vimlys growth through go-to-market expansion,product innovation,and the pursuit of acquisition opportunitiesTargetFirst Advantages Acquisition of SterlingInvestorSterling is a provider of technology-enabled background and identity v

37、erification services,helping organizations establish great environments for their workers,partners,and customersThe acquisition extends First Advantages background screening,identity,and verification technology solutions,and enables investment in AI solutions for an improved customer experienceSourc

38、e:S&P Capital IQ,PitchBook,MergermarketMarch 2024$2.2 BillionMarch 2024Valuation Not DisclosedFebruary 2024Valuation Not DisclosedFebruary 2024Valuation Not DisclosedFebruary 2024Valuation Not DisclosedJanuary 2024Valuation Not DisclosedHuman Capital Management Technology Sector 2H 2024Public Compan

39、y Trended Stock Performance7Source:S&P Capital IQNote:As of July 31,2024Indexed Stock Price Performance for the Period July 2023 July 2024 July 2023=0Indexed Stock Price Performance for the Period July 2019 July 2024July 2019=0Public Company Stock Performance Last 12 MonthsPublic Company Stock Perfo

40、rmance 5 YearsHCM PlatformsTalent Acquisition&ManagementWorkforce Management PayrollS&P 500Workforce Management BenefitsWorkforce Management HR ServicesHCM PlatformsWorkforce Management PayrollTalent Acquisition&ManagementWorkforce Management BenefitsWorkforce Management HR Services+104%+55%(9%)+44%

41、+85%+10%(100%)(50%)-50%100%150%(40%)(20%)-20%40%60%(6%)+15%(2%)+26%+49%(9%)Human Capital Management Technology Sector 2H 2024Public Company Operating and Valuation Metrics8Source:S&P Capital IQNote:As of July 31,2024Median EV/CY 2024E RevenueMedian EV/CY 2025P RevenueMedian EV/CY 2024E EBITDAMedian

42、EV/CY 2025P EBITDACY 2024E Revenue GrowthCY 2025P Revenue GrowthCY 2024E EBITDA MarginCY 2025P EBITDA MarginPublic Company Operating MetricsPublic Company Valuation MetricsHCM PlatformsWorkforce Management PayrollTalent Acquisition&ManagementWorkforce Management BenefitsWorkforce Management HR Servi

43、ces10.9%1.7%11.1%8.7%(8.6%)12.4%8.8%11.5%9.9%4.5%28.8%18.9%34.7%31.2%5.4%30.5%20.9%35.8%32.6%5.6%6.6x2.3x5.5x4.2x0.7x21.8x12.8x16.0 x12.4x13.5x5.9x 2.0 x 4.9x 3.8x 0.7x 18.3x 10.1x13.8x 10.7x 11.4x Human Capital Management Technology Sector 2H 2024Platforms that enable enterprises to meet all their

44、resource planning and human capital management needsHCM Technology Landscape9TechnologyITo view full market map,please contact:ERP Focused PlatformsDiversified PlatformsHuman Capital Management Technology Sector 2H 2024Solutions to enhance the talent acquisition experience for candidates and employe

45、rsTalent Acquisition Landscape10TechnologyITo view full market map,please contact:Talent AcquisitionApplicant Tracking System(ATS)/Candidate Relation Management(CRM)SourcingRecruitment&Assessment Advertising/Onboarding/Marketplace Candidate Matching(and Rediscovery)/Employee ReferralsChatbots/Mobile

46、 EngagementCampus/Social RecruitingInterview Training/SchedulingCareer Page OptimizationVideo InterviewsAssessmentsPre-Hire Onboarding Compensation/Compliance(e.g.,WOTC)Background Check/I-9/E-VerifyTraining/LearningOnboarding Communications/Process ManagementReference CheckHuman Capital Management T

47、echnology Sector 2H 2024Technology solutions tailored to deliver professional education and training,evaluate and reward performance,and increase employee engagementTalent Management Landscape11TechnologyITo view full market map,please contact:Training/LearningPerformance/SuccessionLMS/LCMS/LXP/ML C

48、ompensation PlanningPerformance ReviewSuccession Planning Coaching/Mentoring Employee EngagementDiversified PlatformsCorporate Social Responsibility(CSR)/Grant ManagementEmployee Communication/Engagement SurveysWellnessRecognition/RewardsP2P/Social RecognitionEducation/Training Content PlatformsAI/A

49、R/VR/Video TrainingHuman Capital Management Technology Sector 2H 2024Organizations to automate and optimize workforce managementWorkforce Management Landscape12TechnologyITo view full market map,please contact:Payroll/BenefitsAccommodations/Leave ManagementHR ComplianceTime&Attendance/SchedulingWork

50、place ManagementVendor Management/Supply Chain Workforce Analytics/DataHuman Capital Management Technology Sector 2H 2024Key Trends and Market Landscape:Frontline Workforce Solutions13Large greenfield opportunity to enhance the frontline workforce experience through technology solutionsSelect Types

51、of Frontline WorkersSelect Frontline Workforce Technology SolutionsKey TrendsTalent ManagementWorkforce ManagementDiversified Workforce Management PlatformsVertical-Specific Workforce Management SolutionsRetailConstructionManufacturingGovernmentPublic SafetyTransportation&LogisticsEducation&Childcar

52、eHealthcare73%19%8%Important/Very ImportantSomewhat ImportantNot ImportantImportance of Innovative Technology to Support Frontline EmployeesFoodservice/HospitalityFrontline Workforce Experience/CommunicationsLearning&DevelopmentStaffing,Time&Attendance,and Payroll23%Of frontline workers believe they

53、 have access to the technology they need to be productive73%Of frontline workers say it is important to use innovative technologies to support employee productivity and efficiency70%Of frontline managers want more training,but arent receiving it from their employers50%Of frontline workers are ready

54、to quit their jobs in search of better experiencesSource:Brandon Hall Group,Deloitte,Emergence,Microsoft Work Trend Index,Forbes,Harvard Business ReviewTechnologyITo view full market map,please contact:Human Capital Management Technology Sector 2H 2024Notable Harris Williams HCM and Broader Technolo

55、gy Group TransactionsRelevant Sector Expertise14Additional Harris Williams Technology Group Recent TransactionsHCM Transaction SpotlightsModern Hire is a leading provider of candidate screening,assessment,and interview solutions and recruiting workflow automation tools.Company BackgroundThe transact

56、ion extends HireVues market leadership by adding Modern Hires complementary,science-backed assessment solutions,creating a comprehensive enterprise hiring technology platform.Successful OutcomeHarris Williams served as exclusive buy-side financial advisor to HireVue,a portfolio company of Carlyle,in

57、 this transaction.Harris Williams RoleRecruitment&Assessments TechnologySwipeclock is a provider of time&attendance,scheduling,applicant tracking,and onboarding software for small businesses.Company BackgroundThe transaction will expand IRIS solution suite within workforce management,and position th

58、e company to benefit from the growth in demand for workforce management solutions.Successful OutcomeHarris Williams served as exclusive buy-side financial advisor to IRIS,a portfolio company of Hg Capital and Leonard Green&Partners,in this transaction.Harris Williams RoleTime&Attendance/Scheduling T

59、echnologyHuman Capital Management Technology Sector 2H 2024Horizontal SoftwareVertical SoftwareTechnology&Data ServicesKey Coverage AreasData ServicesInformation ServicesIT ServicesManaged ServicesArchitecture,Engineering,&ConstructioneCommerce&RetailEducation&TrainingFinancialGovernmentHealthcare a

60、nd Life SciencesIndustrialLegalReal Estate&Property ManagementTransportation&LogisticsCompliance,ESG,and Risk ManagementCybersecurityEnterprise Resource PlanningHuman Capital ManagementInfrastructureIntegrated PaymentsOffice-of-the-CEOSales&Marketing AutomationSupply Chain ManagementG L O B A L I N

61、V E S T M E N T B A N KContact UsBen de FiebreTechnology GroupVice P(415)217-3444Derek LewisCo-Head of Business Services GroupManaging D(804)915-0118Michael KimCo-Head of Technology GroupManaging D(415)217-342815Learn more about our experience advising premier HCM Technology companies:Martin KeckTec

62、hnology Group Managing D(617)654-2104Erik SzyndlarTechnology Group Managing D(415)217-3418Thierry MonjauzeCo-Head of Technology Group Managing D+44 20 7518 8901Mathew TsuiTechnology Group D+44 20 7518 8926Human Capital Management Technology Sector 2H 2024Harris Williams is a global investment bank s

63、pecializing in M&A and private capital advisory services.Clients worldwide rely on us to help unlock value in their business and turn ambitious goals into reality.We approach every engagement with boundless collaboration,pooling expertise and relationships across industries,service offerings,and geo

64、graphies.GLOBAL INVESTMENT BANKProven ExpertiseCore Values That Drive SuccessDeep Industry ExperienceBoston|Chicago|Cleveland|Frankfurt|London|Minneapolis|New York|Richmond|San Francisco|Washington,D.C.Aerospace,Defense&Government ServicesBusiness ServicesConsumerEnergy,Power&InfrastructureTransport

65、ation&LogisticsTechnologyIndustrialsHealthcare&Life SciencesM E R G E R S&A C Q U I S I T I O N SP R I M A R Y F U N D P L A C E M E N TP R I V A T E C A P I T A L S O L U T I O N SRevenue from repeat clients75%Managing Directors promoted from within87%Year history30+16Human Capital Management Techn

66、ology Sector 2H 2024Sources,Disclosures and Disclaimers17Harris Williams LLC is a registered broker-dealer and member of FINRA and SIPC.Harris Williams&Co.Ltd is a private limited company incorporated under English law with its registered office at 13th floor,One Angel Court,London EC2R 7HJ,UK,regis

67、tered with the Registrar of Companies for England and Wales(registration number 07078852).Harris Williams&Co.Ltd is authorized and regulated by the Financial Conduct Authority,number 5408952.Harris Williams Private Capital Advisory Ltd.is an Appointed Representative of Sturgeon Ventures,LLP,which is

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69、furt am Main,Germany(email address:).Geschftsfhrer/Director:Paul Poggi,VAT No.DE321666994.Harris Williams is a trade name under which Harris Williams LLC,Harris Williams&Co.Ltd and Harris Williams&Co.Corporate Finance Advisors GmbH conduct business.HW is an affiliate of The PNC Financial Services Gr

70、oup,Inc.,which,together with its subsidiaries and affiliates and their agents(collectively,“PNC”),engages in a broad range of businesses.PNC may have had,and may currently or in the future have,business with or ownership in the Company and its related persons,potential parties to the proposed transa

71、ction and their related persons,or their competitors,customers or suppliers.When HW is engaged to provide adviser services in a transaction,HW is acting only for its client in connection with the proposed transaction.The distribution of this document in certain jurisdictions may be restricted by law

72、,and accordingly,recipients of this document represent that they are able to receive this document without contravention of any registration requirement or other legal restrictions in the jurisdictions in which they reside or in which they conduct business.This document does not contain all the info

73、rmation needed to assess any transaction.You must conduct your own investigations and analyses.HW does not provide accounting,tax,investment,regulatory or legal advice to anyone.This document is for discussion purposes only and is not a recommendation,offer or solicitation for the purchase or sale o

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77、g to investments falling within Article 19(5)of the UK Financial Services and Markets Act 2000(Financial Promotion)Order 2005,as amended(the“Order”);(c)high net worth entities and other persons to whom it may otherwise lawfully be communicated falling within Article 49(2)(a)and(d)of the Order;or(d)a

78、ny other person to whom this document may otherwise lawfully be communicated or caused to be communicated(all such persons in(b)to(d)together being referred to as“Relevant Persons”).This document must not be acted on or relied on by persons who are not Relevant Persons.In the UK,any investment or in

79、vestment activity to which this document relates is only available to,and will be engaged with,relevant persons.GartnerBrandon Hall GroupDeloitteEmergenceMicrosoft Work Trend IndexForbesHarvard Business ReviewLinkedInHR ExchangeWallStreet JournalS&P Capital IQPitchbookMergermarketMurray ResourcesBus

80、iness News DailyCareerBuilderNielsen Norman GroupDisclosures and DisclaimersSourcesAppendixHuman Capital Management Technology Sector 2H 2024Public Market Operational&Valuation Metrics19Source:S&P Capital IQAs of July 31,2024$in MillionsMarketEnterprise%of 52-WeekRevenue GrowthEBITDA MarginEnterpris

81、e Value/RevenueEnterprise Value/EBITDACompanyCapitalizationValueHighCY2024ECY2025ECY2024ECY2025ECY2024ECY2025ECY2024ECY2025EHCM PlatformsOracle Corporation$384,305$468,59395.1%6.0%11.2%50.5%52.9%8.5x7.7x16.9x14.5xSAP SE246,179243,33298.8%9.0%11.1%27.3%31.0%6.5x5.9x23.9x19.0 xIntuit Inc.180,965182,78

82、595.7%12.8%12.9%41.0%40.9%10.7x9.5x26.2x23.2xWorkday Inc.60,25356,41573.0%15.5%15.4%28.8%28.8%6.7x5.8x23.4x20.3xThe Sage Group plc13,93214,95784.5%8.2%12.0%25.4%25.4%5.0 x4.5x19.7x17.6xDayforce Inc.9,37210,14578.5%14.9%13.3%28.9%29.9%5.8x5.1x20.2x17.2xMedian$120,609$119,60089.8%10.9%12.4%28.8%30.5%6

83、.6x5.9x21.8x18.3xTalent Acquisition&Management Recruit Holdings Co.Ltd.$87,598$81,59790.7%2.8%6.3%17.9%18.6%3.4x3.2x18.8x17.0 xSEEK Limited5,1086,00980.8%(5.5%)5.8%43.8%46.8%8.0 x7.6x18.3x16.2xFirst Advantage Corporation2,5002,81898.5%0.5%8.3%30.7%31.7%3.6x3.4x11.8x10.6xUpwork Inc.1,6111,48774.1%14.

84、0%10.9%18.7%21.1%1.9x1.7x10.2x8.1xDocebo Inc.1,2061,12872.3%18.7%17.9%15.3%18.2%5.3x4.5x34.6x24.6xFiverr International Ltd.1,01198675.7%6.2%10.1%18.5%20.7%2.6x2.3x13.8x11.3xZipRecruiter Inc.91095349.4%(24.2%)15.9%14.3%17.9%2.0 x1.7x13.8x9.5xLearning Technologies Group plc73284779.9%(11.9%)4.6%22.2%2

85、2.3%1.3x1.3x6.0 x5.7xFranklin Covey Co.57254489.6%3.8%9.2%19.0%19.6%1.9x1.7x9.9x8.4xDHI Group Inc.9614250.2%(2.2%)3.5%23.9%24.5%1.0 x0.9x4.0 x3.8xMedian$1,108$1,05777.8%1.7%8.8%18.9%20.9%2.3x2.0 x12.8x10.1xWorkforce Management-PayrollAutomatic Data Processing Inc.$107,175$107,96797.5%6.3%5.5%29.0%29

86、.0%5.5x5.2x18.9x17.8xPaychex Inc.46,10345,48698.5%3.9%5.8%45.1%45.7%8.5x8.0 x18.8x17.6xPaycom Software Inc.9,3298,98350.2%11.1%11.5%38.7%39.4%4.8x4.3x12.4x10.9xPaylocity Holding Corporation8,4698,12168.0%13.5%12.6%34.7%35.8%5.5x4.9x16.0 x13.8xPaycor HCM Inc.2,2122,13547.8%15.1%13.3%32.8%32.4%3.1x2.7

87、x9.4x8.4xMedian$9,329$8,98368.0%11.1%11.5%34.7%35.8%5.5x4.9x16.0 x13.8xWorkforce Management-BenefitsHealthEquity Inc.$6,829$7,56188.9%17.6%13.8%39.8%41.6%6.5x5.7x16.2x13.7xAlight Inc.4,0966,78872.9%(0.1%)6.0%22.5%23.6%2.0 x1.8x8.7x7.8xMedian$5,462$7,17480.9%8.7%9.9%31.2%32.6%4.2x3.8x12.4x10.7xWorkfo

88、rce Management-HR ServicesRobert Half Inc.$6,567$6,25872.6%(9.3%)5.5%7.1%8.7%1.1x1.0 x15.2x11.7xTriNet Group Inc.5,1786,03477.4%(9.1%)5.0%41.2%41.3%4.8x4.6x11.7x11.1xInsperity Inc.3,8683,54586.0%3.5%11.1%4.1%3.9%0.5x0.5x12.8x12.1xHays plc1,9152,07884.1%(8.2%)2.2%2.6%2.9%0.2x0.2x9.4x8.3xKforce Inc.1,

89、2921,34592.9%(7.9%)4.0%6.7%7.3%1.0 x0.9x14.2x12.6xTrueBlue Inc.34531874.0%(9.7%)3.8%0.8%2.4%0.2x0.2x24.0 x7.4xMedian$2,892$2,81280.8%(8.6%)4.5%5.4%5.6%0.7x0.7x13.5x11.4xTotal Comp Set Median$5,108$6,03479.9%3.9%10.1%25.4%27.1%3.6x3.4x15.2x12.3xHuman Capital Management Technology Sector 2H 2024Recent

90、 Sector Transaction Detail20DateTargetBuyerBusiness DescriptionJun-24HireRightGeneral Atlantic,Stone Point CapitalProvider of technology-driven workforce risk management and compliance solutions,including verification,identification,and drug and health screening servicesJun-24TextkernelBullhornProvi

91、der of talent acquisition and sourcing AI solutions for staffing and recruiting agencies,corporations,and other technology providers worldwideJun-24Benchmark AnalyticsPSGProvider of police workforce management software platform offering law enforcement agencies tools spanning preventive intervention

92、 and case managementJun-24ContrateVensure Employer SolutionsProvider of business process outsourcing,payroll,and talent recruitment servicesMay-24SkyHive TechnologiesCornerstone OnDemandProvider of a labor market intelligence platform designed to reskill enterprise workforces and communitiesMay-24In

93、terviewPlannerGemProvider of an automated interview scheduling platform designed to integrate all scheduling-related needs in one place May-24TorcRandstad N.V.Provider of a freelance talent marketplace platform intended for the future of workMay-24SwipeclockIRIS Software GroupProvider of time&attend

94、ance,scheduling,applicant tracking,and onboarding software for small businessesMay-24WorkyAtlantico,ADP VenturesProvider of an employee-centric human resource software designed to change how firms communicate with their employeesMay-24SonaFelicisProvider of an AI-powered workforce management platfor

95、m designed for frontline industries such as care and hospitalityMay-24Legion TechnologiesRiverwood Capital,Norwest,StripesProvider of a business platform designed to amplify labor efficiency and boost employee engagementMay-24LumAppsBridgepointProvider of digital workplace solutions,empowering organ

96、izations with a unified intranet platform for seamless collaboration,communication,and employee engagementApr-24RipplingCoatueProvider of a workforce management platform designed to eliminate the administrative work of running a companyApr-24RivetBrick&Mortar VenturesProvider of a workforce manageme

97、nt software platform that modernizes all elements of labor through digital dispatch,training&certification,and community organizingApr-24ParaformPrimer Sazze PartnersProvider of a recruiting marketplace platform that connects companies with open roles and recruiters who can fill themApr-24RelocityCr

98、est Rock PartnersProvider of a relocation concierge company intended to deliver quality destination services by connecting relocating employees with localsApr-24LuminaCareerArcProvider of a recruiting platform intended to generate branded job videos for each open positionApr-24HomebaseL CattertonPro

99、vider of a cloud-based time clock and timesheets that help track hours from anywhere,and optimize payroll preparationApr-24ModalLeft Lane CapitalProvider of an employee education platform intended to help employees to learn critical technical skillsApr-24Zellis GroupApaxProvider of a human resources

100、 management platform offering payroll,global benefits administration,and HR software solutions to businesses across the U.K.and IrelandApr-24BenefitHubInverness GrahamProvider of a cloud-based voluntary benefits and employee engagement platform designed to reward and recognize employeesMar-24PaySpac

101、eDeelProvider of cloud-based payroll and human capital management software with niche expatriate functionality designed to serve organizations and industries of all sizesMar-24TalespinCornerstone OnDemandProvider of a spatial learning platform focused on workforce skills development through its exte

102、nded reality(XR)learning technologyMar-24SterlingFirst AdvantageProvider of tech-enabled background and identity verification services,helping organizations establish great environments for their workers,partners,and customersFeb-24Pulse SoftwareSpringbrookProvider of advanced talent and HR software

103、 tailored for local governmentsFeb-24BonrepublicHRworksProvider of a talent management platform offering employee recognition,rewards and benefits,and employee communication solutionsFeb-24TimeMapTimePlanProvider of time tracking and workflow integration software,enabling organizations to track the

104、productivity of their workforcesFeb-24Vimly Benefit SolutionsRubicon Technology PartnersProvider of a cloud-based platform designed to simplify the complexities of workforce and benefits administrationFeb-24MarathonHRVensure Employer SolutionsProvider of HR services,including payroll processing,bene

105、fits administration,HR administration,and risk managementFeb-24EloomiDayforceProvider of a learning and development platform that enables organizations to deliver impactful training,develop people,and drive business success Jan-24Easy EmployerValsoftProvider of a workforce management software intend

106、ed to simplify and satisfy complex workforce management needsJan-24PlanbitionZvooveProvider of workforce management software designed to streamline tasks,including planning,scheduling,and reportingJan-24OnScreenLearning PoolProvider of a digital adoption platform designed to train employees to use s

107、ystems applications and products(SAP)technologyJan-24SyntrioMitratechProvider of an eLearning platform offering ethics and compliance software,services,and consulting to organizationsJan-24MineralMitratechProvider of HR and compliance software offering a combination of online compliance and employee training solutionsSource:S&P Capital IQ,PitchBook,Mergermarket