M&A Deal Summary

HR Path Acquires GroupeX

On April 22, 2024, HR Path acquired software company GroupeX

Acquisition Highlights
  • This is HR Path’s 1st transaction in the Software sector.
  • This is HR Path’s 2nd transaction in Canada.
  • This is HR Path’s 1st transaction in Ontario.

M&A Deal Summary
Date 2024-04-22
Target GroupeX
Sector Software
Buyer(s) HR Path
Deal Type Add-on Acquisition

Target

GroupeX

Toronto, Ontario, Canada
GroupeX is a SAP SuccessFactors, UKG, WorkForce Software, and Dayforce partner providing services to leading companies in a wide range of industries. GroupeX was founded in 2001 and is based in Toronto, Ontario.

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Buyer(S) 1

Buyer

HR Path

Paris, France
Category Company
Founded 2001
Sector Staffing
Revenue 95M EUR (2018)
DESCRIPTION

HR Path is a human resource company offering comprehensive services ranging from strategic thinking to the deployment of integrated tools in the field of human resources. From strategic thinking to the deployment of software integrated, the company offers complete solutions within the field of human resources. HR Path was founded in 2001 and is based in Paris, France.

DEAL STATS #
Overall 7 of 9
Sector (Software) 1 of 1
Type (Add-on Acquisition) 7 of 8
State (Ontario) 1 of 1
Country (Canada) 2 of 3
Year (2024) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-02-09 TIG

Aurora, Illinois, United States

TIG is a consulting provider helping companies improve their performance and profitability by streamlining their HR business processes. They specialize in SAP® and SuccessFactors solutions for businesses in the USA and provide end-to-end solutions for our customers including installation, support, and consulting services. TIG was founded in 1997 and is based in Aurora, Illinois.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-10-08 IN-RGY

Montreal, Quebec, Canada

IN-RGY is a HR consulting firm specializing in HR digital transformation. IN-RGY was founded in 2001 and is based in Montreal, Quebec.

Buy -
Mergr

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