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KKR to Invest $95 Million in Employment Hero Expansion

2/18/2025

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Summary

Story summary

KKR plans to acquire a $95 million stake in Employment Hero from SEEK Investments, expected to finalize by Q1 2025.
Founded in 2014, Employment Hero supports over 300,000 businesses and has exceeded A$250 million in annual recurring revenue.
The investment will focus on advancing Employment Hero's platform and expanding its reach in Australia, the UK, and Canada.
SEEK Investments continues to hold a significant stake, demonstrating ongoing confidence in Employment Hero's growth strategy.

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Story summary

KKR plans to acquire a $95 million stake in Employment Hero from SEEK Investments, expected to finalize by Q1 2025.
Founded in 2014, Employment Hero supports over 300,000 businesses and has exceeded A$250 million in annual recurring revenue.
The investment will focus on advancing Employment Hero's platform and expanding its reach in Australia, the UK, and Canada.
SEEK Investments continues to hold a significant stake, demonstrating ongoing confidence in Employment Hero's growth strategy.