Intelligent SME.tech Issue 46 | Page 53

intelligent

// INTELLIGENT SECTION //

HR Path secures record financing to accelerate its international acquisition strategy

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FINANCE | SALES & MARKETING | CUSTOMER EXPERIENCE | HR SOLUTIONS
R Path , a global leader in HR consulting , announced a record € 500 million fundraising from Ardian , a worldleading private investment house . This landmark fundraising , the largest of the company ’ s history , marks a significant milestone in HR Path ’ s success story . It will play a crucial role in driving the next phase of HR Path ’ s growth and international expansion in the United States , Canada , Germany , the Nordic countries and Australia .
The optimisation of recruitment , the development and retention of talent and the effective management of human resources are key success factors and competitive advantages for companies .
HR Path employs a unique model to address these challenges in a global market driven by a multitude of technological solutions . By offering a comprehensive and customised approach to the full range of HR issues companies face , the group positions itself as a true ‘ one-stop-shop for HR ’.
Through its three business lines – Advise , Implement & Run – HR Path provides consultancy services , HR systems implementation and payroll outsourcing , enabling companies of all sizes and sectors to effectively transform and optimise their HR functions .
A record fundraising to enter a new phase of growth in the United Kingdom
This position has enabled HR Path to establish itself as one of the world ’ s leading HR consultancies . In The United Kingdom , the group now operates in two local offices ( London and

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OPERATION WILL ENABLE US TO STRENGTHEN OUR LOCAL POSITION AND DEVELOP NEW SERVICE OFFERINGS TO FURTHER HELP OUR CUSTOMERS ACHIEVE THEIR GOALS .
Southampton ), employs over 60 people and serves over 40 companies across a wide range of industries .
To accelerate this growth , HR Path has just closed a € 500 million funding round from Ardian . A portion of this operation will be dedicated to the group ’ s expansion in the UK . “ Securing this € 500 million financing from Ardian is a transformative step for HR Path . This operation will enable us to strengthen our local position and develop new service offerings to further help our customers achieve their goals ,” said George Gabriel , Partner of HR Path UK .
HR Path intends to use the new funding to continue and accelerate the external growth strategy initiated in the United Kingdom since 2021 , which has seen the integration of Plus HR and Consult HR to strengthen our presence in recruitment , administrative consulting and payroll outsourcing . This year , the HR Path Group also integrated Three Plus Consulting , a leading Workday Services Partner in the UK . The group is currently exploring several avenues for partnerships and collaborations with a number of exciting UK-based industry players . �
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