Luminate Capital Leads Acquisition of AbsenceSoft in HR Tech Sector
Tuesday, 17 September 2024, 04:58
Overview of the Acquisition
Luminate Capital picks up HR tech firm AbsenceSoft, a strategic move aimed at enhancing their portfolio.
Details of the Deal
- Advisors: Raymond James provided M&A advisory services.
- Legal representation for Norwest was Goodwin Proctor.
- Kirkland & Ellis acted as legal advisor for Luminate.
Market Implications
This acquisition signifies a larger trend of investments in the HR tech sector, highlighting an increasing interest in workforce solutions.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.