Add-on Acquisition • Software

GoCo.io Acquires WFHomie

On February 14, 2023, GoCo.io acquired software company WFHomie

Acquisition Context

This is GoCo.io’s 1st transaction in the Software sector.
This is GoCo.io’s 1st transaction in Canada.
This is GoCo.io’s 1st transaction in Ontario.

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M&A Deal Summary
Date	February 14, 2023
Target	WFHomie
Sector	Software
Buyer(s)	GoCo.io
Deal Type	Add-on Acquisition

Target Company

WFHomie

Toronto, Ontario, Canada

WFHomie is a Canadian employee experience platform that helps remote-first teams keep their employees productive and engaged. The company provides distributed and hybrid companies with virtual experiences and employee recognition software, as well as people analytics tools that help HR teams better understand and manage their workforce, and retain top employees. It enables companies to operate more effectively with data and seamless employee experience execution. WFHomie is based in Toronto, Ontario.

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Buyer Overview 1

Buyer

GoCo.io

The Woodlands, Texas, United States

Category	Company
Founded	2020
Sector	Information Technology

DESCRIPTION

GoCo.io is modernizing HR, benefits, and payroll with its flexible, easy-to-use, and industry-leading solution for SMBs. The company's mission is to automate manual HR tasks and empower HR professionals to make work a better place. It is flexible enough to support existing processes, policies, and providers, so that SMBs don’t have to change the way they work in order to adopt a modern HR system. GoCo.io was formed in 2020 and is based in The Woodlands, Texas.

Deal Context for Buyer	#
Overall	1 of 1
Sector: Software	1 of 1
Type: Add-on Acquisition	1 of 1
State: Ontario	1 of 1
Country: Canada	1 of 1
Year: 2023	1 of 1

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