M&A Deal Summary

Workforce Insight Acquires Hive Tech HR

On October 12, 2020, Workforce Insight acquired staffing company Hive Tech HR

Acquisition Highlights
  • This is Workforce Insight’s 1st transaction in the Staffing sector.
  • This is Workforce Insight’s 3rd transaction in the United States.
  • This is Workforce Insight’s 1st transaction in Massachusetts.

M&A Deal Summary
Date 2020-10-12
Target Hive Tech HR
Sector Staffing
Buyer(s) Workforce Insight
Deal Type Add-on Acquisition

Target

Hive Tech HR

Medway, Massachusetts, United States
Hive Tech HR is a provider in HCM advisory and implementation services, with more than a decade of success helping clients leverage leading technologies for HR, payroll, benefits, compensation, talent acquisition, performance, compensation, learning, and more. Hive Tech HR was established in 2010 and is based in Medway, Massachusetts.

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Buyer(S) 1

Buyer

Workforce Insight

Lakewood, Colorado, United States
Category Company
Founded 2006
Sector Information Technology
Employees300
DESCRIPTION

Workforce Insight is a UKG, Workforce Software, and Workday solutions provider, helping clients across the healthcare, manufacturing, retail and public sector industries evaluate, implement and adopt optimal workforce strategies and technologies. Workforce Insight was founded in 2006 and is based in Lakewood, Colorado.

DEAL STATS #
Overall 3 of 3
Sector (Staffing) 1 of 1
Type (Add-on Acquisition) 3 of 3
State (Massachusetts) 1 of 1
Country (United States) 3 of 3
Year (2020) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-07-01 SMK Workforce Solutions

Westfield, New Jersey, United States

SMK Workforce Solutions delivers workforce management advisory, analytics, and implementation services to large enterprise organizations, with a focus on healthcare, manufacturing, retail, business and consumer services sectors.

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