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Employment Hero Acquires Humi for $112 Million, Expands into Canada

1/8/2025

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Summary

Story summary

Employment Hero has acquired rival Humi for $112 million, marking its largest acquisition to date.
This strategic move allows Employment Hero to expand into the Canadian market.
The company is currently valued at nearly $2 billion.
Both Employment Hero and Humi specialize in cloud-based HR software for small and mid-sized businesses.

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Story summary

Employment Hero has acquired rival Humi for $112 million, marking its largest acquisition to date.
This strategic move allows Employment Hero to expand into the Canadian market.
The company is currently valued at nearly $2 billion.
Both Employment Hero and Humi specialize in cloud-based HR software for small and mid-sized businesses.