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Employment Hero, a global provider of employment solutions, has announced plans to acquire Canadian employment platform Humi in a deal exceeding CAD 100 million. This move marks Employment Hero’s entry into the Canadian market, offering thousands of small and medium-sized enterprises (SMEs) a unified platform tailored to Canada’s business environment.
Expanding global operations
Headquartered in Sydney, Employment Hero serves more than two million employees and 300,000 SMEs worldwide. The acquisition of Humi is part of a broader strategy to extend its global footprint. By combining Employment Hero’s Employment Operating System (eOS) with Humi’s expertise in the Canadian market, the partnership aims to deliver a localised solution for Canadian businesses.
The integration will provide Humi’s SME customers with an all-in-one platform that includes payroll, HR, and benefits, specifically designed for the Canadian market. Employment Hero has set ambitious goals to double the number of businesses using the platform in the near term.
Opportunities for Canadian SMEs
With over one million SMEs operating in Canada, the deal presents an opportunity to enhance productivity for employers and employees. Employment Hero’s investment is expected to drive innovation, enabling Canadian SMEs to prioritise employee development and organisational growth.
For nearly a decade, Humi has developed employment solutions that support Canadian employees and businesses. The company’s mission is to create workplaces where people feel valued and inspired. Employment Hero’s acquisition will provide resources to continue advancing these goals.
Leadership insights
Ben Thompson, CEO and co-founder of Employment Hero, expressed enthusiasm for the acquisition. “Humi is an impressive business, and Canada is an exciting market. Kevin and the Humi team have demonstrated a deep understanding of Canadian employment needs. Their commitment to local businesses aligns perfectly with our mission. I look forward to working with the Humi team to support even more Canadian businesses.”
Humi’s CEO and co-founder, Kevin Kliman, welcomed the partnership. “Employment Hero shares our vision of simplifying employment and making it more valuable for everyone. Their investment strengthens our ability to meet the evolving needs of Canadian businesses. Together, we will continue to deliver tailored solutions that support local enterprises.”
For further details, visit www.humi.ca or employmenthero.com.
Last Updated on January 9, 2025 by Nick Ross
