Current HR Marketplace M&A News

HRmarketer lists the previous quarter's earnings from publicly traded HR and HR-related companies and all the latest M&A activity in the HR marketplace.

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Spring/Summer '08 | Fall/Winter '07 | Summer '07 | Spring '07 |Winter '06/'07 | Fall '06

Current Edition: Spring/Summer 2009

Latest M&A Activity in the HR marketplace:

• HRmarketer.com acquires HRVendors.com and HR Vendor Phonebook. Products will expand marketing firm’s wide-ranging menu of service and tools, giving customers additional means to reach human capital decision-makers.
  
  
• TriNet, a provider of human resources (HR) outsourcing services for small companies, announced the signing of a definitive agreement to acquire Gevity HR, Inc.
  
  
• Albany Group acquired Japan-based Strata Works KK, strengthening its position in the world's largest temporary workforce market.
  
  
• QHR Technologies Inc, a provider of integrated human resource management, payroll and staff scheduling software systems, announced that the company has signed an agreement to acquire the financial software division of Momentum Healthware Inc, a provider of financial, dietary and clinical software solutions for the healthcare industry.
  
  
• Automatic Data Procession (ADP) acquired a majority stake in Shanghai-based human resources outsourcing service provider ChinaLink Professional Services, stepping into the world's most populous market.
  
  
• The Adecco Group announced that Adecco Netherlands has successfully completed its public offer for DNC and now controls 99.78% of DNC.
  
  
• Sage Software acquired the Pocket range of Payroll and Human Resource Management Software (HRMS) and all customer contracts from Crystal Info Solutions of Chennai India.
  
  
• Salary.com announced that it has signed a definitive agreement to acquire Genesys Software Systems, Inc., a leading provider of on-demand human resource management systems (HRMS), benefits and payroll services.
  
  
• Net@Work, a provider of integrated business technology solutions, today announced that it has acquired Business Technology Solutions (BTS), a North Carolina-based VAR specializing in SAGE MAS 90, MAS 200, and ABRA HRMS accounting and Human Resources (HR) solutions. BTS is a technology consulting firm comprised of certified Accounting, HR, Payroll, and IT specialists.
  
  
• Convergys provider of customer management, billing and human resource services, recently acquired Intervoice, a provider of personalized, multi-channel automated information solutions, to enhance and accelerate relationship management solutions for clients globally.
  
  
• Kansas Farmers Service Association (KFSA), one of the largest insurance agencies in the state, has purchased the Dodge City-based Brooke Insurance Agency. KFSA services include personal and commercial insurance, risk management, human resource management and business development.
  
  
• Morneau Sobeco Income Fund announced that a subsidiary of the Fund has completed its acquisition of all of the issued and outstanding shares of Leong & Associates Actuaries And Consultants Inc. Morneau Sobeco Income Fund is the largest Canadian-owned firm providing human resource consulting and outsourcing services.
  
  
• Exact Software said that the company has acquired InterConnect solution from Interactive Technology, which allows organizations to have a single interface for critical operations in their business. Exact Software is a provider of business software solutions including a human resource management (HRM) suite.
  
  
• KnowledgeBank, Inc., an award-winning provider of innovative human capital management, organizational effectiveness, consulting and outsourcing services, has acquired the Total Compensation Survey of Mid-Atlantic Technology Companies from a State College, PA based consulting firm
  
  
• Monster announced the acquisition of Trovix, Inc., a provider of employment products and services using intelligent search technologies. The purchase price for the transaction was $72.5 million in cash.
  
  
• Staffing solutions provider Kelly Services, Inc. agreed to acquire all of the shares of the Portuguese subsidiaries of Randstad Holding N.V. Kelly Services said this will make its entry into the Portuguese market.
  
  
• Talent Alliance, Inc, a global provider of talent acquisition and talent management solutions primarily operating in the United States and in the People's Republic of China, announced today that the Company has completed a merger with Soar Consulting, Inc., a leading provider of military transition recruiting.
  
  
• BenefitMall announced its acquisition of BenefitPort Southwest, a full-service agency that provides individual, group and senior benefits. The acquisition will allow BenefitMall to expand their presence in San Antonio and to expand nationally in the Medicare arena.
  
  
• Universal Benefit Planning, a firm specializing in the development and implementation of employee benefit programs, acquired Laurus HR Solutions to expand the scope of their offerings to include human resource and work force development programs.
  
  
• Talent Technology Corporation, provider of recruiting software, announced the acquisition of Profind Inc, providers of the PeopleFilter applicant tracking system.
  
  
• COMSYS IT Partners, Inc. acquired Analysts International Corporation’s Symmetry Workforce Solutions. The Symmetry acquisition consists of three vendor management services accounts that will now become a part of COMSYS’ TAPFIN Process Solutions.
  
  
• CPS Human Resource Services announced today that it has sold the assets of its Sigma Data Systems division to NEOGOV, a leading provider of public sector applicant tracking solutions. First released in 1981, the Sigma applicant processing and testing software has become the system of choice for public agencies nationwide. Sigma’s extensive client list includes public agencies ranging from school districts to city, county, and state governments across the United States.
  
  
• Arbita, headquartered in Minneapolis, has merged with JobMachine. The merger will give customers access to an integrated line of services, combining job ad distribution and recruitment solutions with alternative methods for candidate sourcing.
  
  
• Watson Wyatt Worldwide, a leading global consulting firm, announced today the acquisition of Marcu & Asociados, a top HR and financial services consulting firm in Argentina.