This report provides an analysis on key HRTech transactions in the period and associated trends as well as quoted company valuation metrics which can serve as an indication of trends in pricing for private transactions. This quarter, we are highlighting 31 M&A transactions. Certain market segments have been gaining popularity and driving M&A activity during the COVID-19 pandemic. Unsurprisingly, these are aligned to the shift toward remote working and include: tools and platforms for managing remote hiring, employee engagement, learning, and performance. We also look in detail at the talent selection space where there has been a wave of consolidation particularly in video interviewing, skills and behavioural assessment, and matching software.