HR Path Fortifies Position in LATAM with Pay Human Group Acquisition
Deal News | Dec 03, 2024 | PR Newswire Cision HR Path
HR Path, an international leader in HR consulting and HRIS solutions, has announced the acquisition of Pay Human Group, a respected entity based in Mexico known for its capabilities in payroll management and HR consulting. This strategic acquisition enhances HR Path's footprint in the Latin American market, aligning with its global strategy to empower businesses through comprehensive HR services—encompassing advice, implementation, and management. Pay Human Group brings 27 years of experience and a reputation for reliable, secure solutions. François Boulet, CEO of HR Path, highlighted the synergy between the companies, emphasizing the expansion of the AIR services (Advise, Implement, Run) which will now be available in additional countries. This acquisition underlines HR Path's commitment to offering tailored HR solutions, driving innovation, and providing exceptional service across various regions.
Sectors
- Human Resources
- Business Process Outsourcing (BPO)
Geography
- Latin America – The acquisition allows HR Path to expand its market presence in the LATAM region, specifically in Mexico and Colombia.
- France – HR Path is headquartered in Paris, France, making it a relevant geography for this article.
Industry
- Human Resources – Relevant due to the focus on HR consulting and payroll management services provided by both HR Path and Pay Human Group.
- Business Process Outsourcing (BPO) – Pay Human Group's expertise in BPO supports their inclusion in this industry classification, as highlighted by their specialized services.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| HR Path | Acquirer | Company | A global leader in HR consulting and HRIS solutions, headquartered in Paris. |
| Pay Human Group | Target Company | Company | A Mexican company specializing in payroll management and HR consulting. |
| François Boulet | CEO of HR Path | Person | Co-founder and CEO of HR Path, involved in strategic decisions. |
| Frédéric Van Bellinghen | Partner at HR Path | Person | Partner at HR Path, emphasizing the strategic alignment of the acquisition. |