Number of of mergers and acquisitions in the HR technology market 2010-2019
Private equity firms accounted for 53 acquisitions in the human capital management (HCM) market in 2018; this is the first time PE firms generated more M&A transactions than corporate buyers in this field. The year 2019 continues this trend, with 52 PE transactions being made in comparison to 36 corporate acquisitions, in the first three quarters.