HR Technology Sector Q4 2020 M&A Review

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 36 M&A transactions. Certain market segments have been gaining in 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. Particularly, talent attraction solutions continued to be a hot area in M&A, with 39% of identified deals taking place in this space, followed by talent development and workforce management solutions, each representing 22% of the total deal volume.