
M&A Review
WORKFORCE SOLUTIONS
2024
What’s Inside?
In this report, we examine the key trends and major M&A transactions in the Workforce Solutions industry for the third and fourth quarters of 2024. While deal activity rebounded in the first half of the year, the second half saw a slowdown, reflecting shifting investor sentiment amid ongoing economic uncertainties. Despite this slowdown, strategic acquisitions continued to drive transactions, with certain regions and sub-sectors showing resilience.
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Place & Search subsector led M&A activity in H2 2024, rising to 15% of recorded deals. Healthcare, IT, and Professional Staffing each accounted for 13%, while Commercial Staffing declined sharply in 2024 (from 22% in H2 2023 to 10% in H2 2024).
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Geographically, Europe led M&A activity by region in H2 2024, capturing the largest share of buyers and targets. North America followed closely, maintaining its position as a key transaction hub despite a decline in overall volume. The Asia-Pacific region saw more selective deal-making, reflecting a cautious investment approach in the market.
This report offers a detailed analysis of recent M&A activity in the Workforce Solutions industry over the last six months.
