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HR Path raises € 113 million and acquires an American company , Whitaker-Taylor
HR Path , a member of French Tech , has announced a € 113 million financing from banks , to accelerate its growth and become the global reference in terms of human resources .
HR Path offers a support service for the HR performance of companies . These services cover HR transformation consulting , implementation of software solutions and payroll outsourcing ( BPO ).
This new round of financing was made possible by the following banks : Société Générale , BNP , Crédit Agricole , Banque Palatine , LCI and Caisse d ' Epargne . The total amount is € 113 million and will give HR Path the means to achieve its goals .
HR Path plans to expand its value proposition in all countries where the group is already present , with priority given to the United States , United Kingdom , Germany and Spain .
HR Path also announced the acquisition of Whitaker-Taylor , which is a HR technology consulting firm with expertise in SAP SuccessFactors and SAP HR . Founded in 2007 , it finds strength in its team members and global customer base with a strong presence in the US and in Europe .
" We would like to thank our banking partners and our advisors , Volt Associés , who have supported us in this adventure .
“ The HR transformation is accelerating given the current health constraints . In recent months , human capital issues have become a priority : talent management and adaptation to change are increasingly critical and the use of outsourcing of the HR function and in particular payroll is growing . HR Path is positioned to meet the new challenges facing companies in the field of human resources .
“ This new round of financing supports our development ambitions to support our current and future customers ," said François Boulet and Cyril Courtin , Founding Partners of HR Path .
HR Path , a global leader and expert in the field of human resources , supports companies for whom human capital is at the heart of their Digital Transformation .
Advise , Implement and Run are the three levers of the HR Path Group to improve the HR performance of organisations .
Founded in 2001 , HR Path serves more than 1,300 customers in 18 countries . Its turnover is currently US $ 130 million . x
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