M&A Deal Summary

VensureHR Acquires Contrate Group

On June 4, 2024, VensureHR acquired business services company Contrate Group

Acquisition Highlights
  • This is VensureHR’s 6th transaction in the Business Services sector.
  • This is VensureHR’s 1st transaction in Colombia.

M&A Deal Summary

Date 2024-06-04
Target Contrate Group
Sector Business Services
Buyer(s) VensureHR
Deal Type Add-on Acquisition

Target

Contrate Group

Medellín, Colombia
Contrate Group is a provider of business process outsourcing (BPO), payroll, and talent recruitment services. The company's clients include mining and development companies, construction firms, and retail sales and services. Contrate Group was founded in 2006 and is based in Medellín, Colombia.

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Buyer(S) 1

Buyer

VensureHR

Chandler, Arizona, United States

Category Company
Founded 2004
Sector Business Services
DESCRIPTION

VensureHR is a provider of HR/HCM technology, managed services, and global business process outsourcing. VensureHR was founded in 2004 and is based in Chandler, Arizona.


DEAL STATS #
Overall 8 of 12
Sector: Business Services M&A 6 of 8
Type: Add-on Acquisition M&A Deals 8 of 12
Country: Colombia M&A 1 of 1
Year: 2024 M&A 5 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-06-04 Emplicity

Irvine, California, United States

Emplicity provides full-service PEO, HR Outsourcing and risk transfer solutions in the areas of workers' compensation, employment practices, and employee benefits. The company's extensive offering includes payroll, health insurance, life insurance, retirement plans, HR technology and support as well as safety and compliance tools. Emplicity was founded in 1995 and is based in Irvine, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-06-07 Apex America

Cordoba, Argentina

Apex America is a next generation BPO and CX partner, responsible for designing, implementing and managing end-to-end solutions to provide the best experiences in different service channels for its clients' users using technology-based services. Apex provides customer experience and contact center services with a service design model that allows it to understand, design and provide experiences, supported by google cloud technologies, which increase customer satisfaction, brand loyalty, and profitability. Apex America was founded in 2003 and is based in Cordoba, Argentina.

Buy -