Report: HRtech
Current Trends and Figures

HRtech Report 2H2019

Globally, HR technology is a large market space, spanning everything from recruitment to performance reviews. The increasing need for managing a widespread workforce and growing demand for replacing legacy systems with improved human capital management platforms are anticipated to fuel market growth.

The HR Technology market has evolved considerably in the last twelve months, with changes across technologies used for core HR, payroll & benefits and recruitment purposes. Enteprise software vendors are addressing disruption in the field through innovation or acquisition, and financial buyers are deploying extra capital to benefit from high-growth opportunities, thus creating an increasingly competitive space. 

The report focuses on HR Tech subsectors such as Recruitment, Core HR and Payroll & Benefits. It includes: 

  • Trends and analysis of deal activity
  • Deal geography
  • Top acquirers
  • Valuation metrics

Top Buyers


Total Number of HRtech M&A Deals


Our HR Tech report covers the two and a half year period between April 2017 and October 2019. All totals and median values refer to the entire period unless otherwise stated. Median multiples plotted in the graphs refer to the 30-month period prior to and including the  half year.


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To read more about current M&A activity in the HRtech sector, download the latest report below.

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