In this report we highlight 39 of the 79 M&A transactions within the HRTech sector completed during the third quarter of 2022. Overall deal volumes have increased since the last quarter by 16% and are marginally lower than in the same period of 2021.
Despite global anxiety over a potential economic recession, the market for HRTech has proven remarkably resilient. Some would argue that the pandemic and more recent economic headwinds have spurred companies to consolidate digital infrastructure as their staff moved remote.
Mentoring and coaching solutions have seen new interest from HR leaders looking to provide employees with tech that can contribute to improved leadership development and employee mental wellness.
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