HR Path, a Paris-headquartered HR consulting, technology implementation and outsourcing specialist, has announced a nearly $1 billion funding transaction led by Ardian.
The investment will enable the group to accelerate its international expansion, pursue its acquisition strategy and strengthen its presence in strategic markets, including the United Kingdom.
Founded in 2001, HR Path helps organisations transform and optimise their HR function through a unique business model combining ‘advise’, ‘implement’ and ‘outsource’ services.
Over the past two years, the group has recorded nearly 70% revenue growth, driven by both organic expansion and an active acquisition strategy. Today, HR Path generates €360 million in annual revenue, employs 2,600 professionals, operates in 30 countries and supports organisations representing more than 20 million employees worldwide.
The UK has become one of HR Path’s fastest-growing markets in Europe. Recent acquisitions, including IntSys, Three Plus Consulting, have significantly strengthened the group’s local capabilities across the Workday ecosystem.
HR Path supports organisations across both the public and private sectors, delivering end-to-end HR transformation programmes.
With this new funding, HR Path intends to further expand its UK operations by investing in strategic acquisitions, strengthening local delivery teams and broadening its service offering.
“The United Kingdom is a strategic market for HR Path and a major driver of our international growth,” said George Gabriel, partner at HR Path.
“After a period of significant investment, expansion and success, this transaction gives us further resources to continue investing in local talent, strengthen our capabilities and support UK organisations as they transform their HR operations in an increasingly digital environment.”