Humanforce, an Australian-borne global provider of human capital management (HCM) solutions, has recently announced the acquisition of LiveHire, a best-of-breed Applicant Tracking System (ATS), Recruit CRM, and AI-powered talent pooling platform. The deal is Humanforce’s fourth in two years.
The acquisition, valued at $17.2 million, gives businesses the capability to augment their workforce quickly, intelligently, and compliantly across various labour pools, including internal, contingent, gig, and staffing agency workers. This comprehensive approach aims to address the evolving labour demands of frontline and flexible workforces in sectors such as childcare, aged care, healthcare, hospitality, retail, events and stadia, and local government.
Humanforce was founded in 2002 as Australia’s first rostering, time and attendance company. It aims to improve work and life by focusing on the employee experience (EX), business efficiency, and optimization. The platform offers the market’s leading, employee-centric, intelligent, and compliant HCM suite for frontline and flexible workforces, including highly configurable, best-in-class WFM, HR, Payroll, Wellbeing, and Talent – without compromise. The company has a 2300-strong customer base and heading towards one million employees under management across a wide range of industries, including Aged Care, Childcare, Healthcare, Retail, Hospitality, Events & Stadia, Local Government and more.
Commenting on the acquisition, Humanforce CEO Clayton Pyne said:
We are thrilled to bring LiveHire into the Humanforce family. This acquisition aligns perfectly with our mission to make work easier and life better for frontline and flexible workforces. LiveHire’s advanced talent solutions will empower our clients to innovate in hiring, enhance candidate engagement, and optimize shift filling, skills matching, and mobility models for both companies and workers.
With the addition of LiveHire, Humanforce’s best-in-one HCM suite now encompasses Workforce Management, HR, Payroll, Wellbeing, and Talent under one platform. This gives businesses a holistic view of their total talent and enhances their ability to respond to labour market fluctuations and stay competitive.
Accel-KKR Managing Director and Humanforce board member Joe Porten added:
Humanforce continues accelerating its growth by deliberately seeking complementary, best-in-class people management solutions. With LiveHire’s market-leading AI-powered talent solutions, Humanforce will seamlessly connect the flow of the world’s talent with the growth, productivity, and efficiency objectives of frontline and flexible workforces.
Since its inception in 2012, LiveHire has transformed the candidate experience and enabled businesses to thrive with talent on demand. Over the past 12 years, the firm has amassed a talent community of around 10 million individuals, representing approximately 70% of the Australian workforce. Building this large talent ecosystem has democratized access to frontline and contingent workers. LiveHire’s success has fueled its expansion into international markets such as New Zealand, the United Kingdom, and North America. It has processed over 13 million applicant job applications for positions in hundreds of firms worldwide.
According to Pyne, organizations will be able to reduce expenditures and time to hire, respond nimbly to frontline labour shortages, and generate committed pools of flexible workers by leveraging their employer brand and enhancing their EVP. All the while, they will maintain complete visibility over their total talent within a single, best-in-one HCM suite with centralized data and deep insights and analytics to make more informed people decisions.
