Country for PR: United Kingdom
Contributor: PR Newswire Europe
Wednesday, May 05 2021 - 23:00
AsiaNet
HR Path raises EUR113 million and acquires an American company, Whitaker Taylor
PARIS, May 5, 2021 /PRNewswire-AsiaNet/ --

HR Path, a member of French Tech, has announced a EUR113 million financing from 
banks, to accelerate its growth and become the global reference in terms of 
human resources.

HR Path offers a support service for the HR performance of companies. These 
services cover HR transformation consulting, implementation of software 
solutions and payroll outsourcing (BPO).

This new round of financing was made possible by the following banks: Societe 
Generale, BNP, Credit Agricole, Banque Palatine, LCI and Caisse d'Epargne. The 
total amount is EUR113 million and will give HR Path the means to achieve its 
goals.

HR Path plans to expand its value proposition in all countries where the group 
is already present, with priority given to the United States, United Kingdom, 
Germany and Spain. 

HR Path also announce today the acquisition of Whitaker-Taylor is an HR 
technology consulting firm with expertise in SAP SuccessFactors and SAP HR. 
Founded in 2007, they find strength in their team members and global customer 
base with a strong presence in the US and in Europe.

"We would like to thank our banking partners and our advisors, Volt Associés, 
who have supported us in this adventure. The HR transformation is accelerating 
given the current health constraints. In recent months, human capital issues 
have become a priority: talent management and adaptation to change are 
increasingly critical and the use of outsourcing of the HR function and in 
particular payroll is growing. HR Path is positioned to meet the new challenges 
facing companies in the field of human resources. This new round of financing 
supports our development ambitions to support our current and future 
customers," said François Boulet and Cyril Courtin, founding partners of HR 
Path.

About HR Path

HR Path, a global leader and expert in the field of human resources, supports 
companies for whom human capital is at the heart of their digital 
transformation. Advise, Implement & Run are the 3 levers of the HR Path Group 
to improve the HR performance of organizations. Founded in 2001 HR Path serves 
more than 1,300 customers in 18 countries. Its turnover is currently $130 
million. 

Please visit www.hr-path.com and follow us: 
https://www.linkedin.com/company/hr-path.

Logo - https://mma.prnewswire.com/media/1279017/HR_Path_Logo.jpg

Press Contact:
fabienne.latour@hr-path.com

Source: HR Path
Translations

Japanese