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Employment Hero Acquires Humi for CAD 100M, Expands in Canada

1/10/2025

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Summary

Story summary

Employment Hero has acquired Canadian platform Humi for over CAD 100 million, expanding into Canada.
The acquisition merges Employment Hero's technology with Humi's local expertise, focusing on over one million SMEs.
Both companies aim to boost productivity and employee engagement through a comprehensive payroll, HR, and benefits platform.
Humi will continue to operate in Canada, maintaining its brand and team while growing its customer base.

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Story summary

Employment Hero has acquired Canadian platform Humi for over CAD 100 million, expanding into Canada.
The acquisition merges Employment Hero's technology with Humi's local expertise, focusing on over one million SMEs.
Both companies aim to boost productivity and employee engagement through a comprehensive payroll, HR, and benefits platform.
Humi will continue to operate in Canada, maintaining its brand and team while growing its customer base.