We analyse, from a corporate finance point of view, the investment made in the human resources technology sector. In this case, it is the acquisition made on 11 April 2018, the company HR Path acquired, for an unknown amount, the company Oxfera.
Oxfera
Oxfera is a group specialising in HR technologies, combining a high degree of expertise and experience in SAP Human Capital Management with a deep understanding of the functional aspects of business processes. They complement the management systems with their vision and innovation.
Through their skills, they help companies transform processes and improve their business through innovative and disruptive solutions, differentiating the market in areas such as web development, data analysis algorithms, advanced visualisation and process decentralisation. Oxfera has been present in the Spanish market since 2005 and is an expert in the integration of the SAP HCM solution.
HR Path and the acquisition of Oxfera
HR PathHR Path, a global HR solutions specialist, offers a complete solution from strategic thinking to integrated software implementation in the HR field. HR Path has four lines of business:
- HR and HRIS Business Consulting
- Implementation of HRIS
- Outsourcing of human resources solutions and services
- Design and distribution of human resources software
The group, established in 2001, has 700 employees, supports more than 1,200 clients and generates revenues of more than 80 million euros. Headquartered in Paris, HR Path also has international subsidiaries in 15 different countries.
The company acquired Oxfera's SAP HCM division, which specialises in software integration and publishing. Both companies support their customers in the success of their human capital management projects by transforming processes and providing innovative solutions that help businesses become more successful.
Other HR technology investments
| Company | Description | Country | Amount | Date |
| Truepic | Truepic is a photo authenticity platform that verifies or certifies the authenticity, date, time and location of any captured image or video. | USA. USA. | $8M | 20/06/2018 |
| Hu-manity.co | Humanidad.co is the first and only organisation in the world to develop decentralised human rights laws and sovereign corollaries on blocs of blocs. | USA. USA. | $5,5M | 06/04/2018 |
| SaferVPN | SaferVPN is a premium VPN service that protects users' privacy and security, while enabling access to content from anywhere in the world. | USA. USA. | $1M | 15/08/2017 |
| Benetech | Benetech is a non-profit organisation that empowers communities with software for social good. | USA. USA. | $42,5M | 02/11/2017 |
| Fast Forward | Fast Forward is the first accelerator exclusively for technology non-profits. | USA. USA. | $2,2M | 30/06/2017 |