Fintech PR
HR Path Acquires IN-RGY, Expanding Global Reach and Strengthening Canadian Market Presence
PARIS, Oct. 8, 2024 /PRNewswire/ — HR Path, a global leader in HR consulting, has announced the acquisition of IN-RGY, a renowned HR consulting firm specializing in HR digital transformation. This strategic acquisition further solidifies HR Path’s position as a leader in HR transformations and expands its global reach.
IN-RGY, with its strong presence in the Canadian market, has established itself as a leader in delivering quality HR solutions and services. With solid partnerships with solution providers such as SAP SuccessFactors, WorkForce Software, and UKG, IN-RGY has built a strong reputation for its expertise and innovative approach to HR digital transformation.
The decision for IN-RGY to join HR Path comes after a long-standing relationship between the founders of both companies. While IN-RGY had been actively seeking to expand its global reach through acquisitions, the strong bond and shared vision between HR Path and IN-RGY founders led to the decision for IN-RGY to become part of HR Path.
“We are excited to join forces with HR Path and become part of their global organization,” said Sébastien Massicotte, Founder and CEO of IN-RGY. “This acquisition by HR Path represents a major milestone in our development. By joining forces with a world-renowned company, we have the opportunity to strengthen our service offering and increase our impact on the market. Our customers, both existing and potential, will benefit from expanded expertise and a range of innovative solutions. What’s more, our teams will have access to rewarding career prospects, participate in diversified projects and join an international team committed to excelling in meeting our customers’ needs.“
Marie-Soleil Boucher, President at IN-RGY, added, “IN-RGY has always been committed to providing innovative HR solutions that empower organizations. By joining HR Path, we can leverage their global resources and expertise, for example in BPO and advisory services, to further enhance our offerings and deliver exceptional results for our clients.”
The acquisition of IN-RGY by HR Path follows HR Path’s recent success in securing a record €500 million fundraising from Ardian, a world-leading private investment house. This funding has enabled HR Path to accelerate its international acquisition strategy and consolidate its position as a leader in HR transformations.
Frédéric Van Bellinghen, Partner at HR Path, added, “IN-RGY’s mission to empower organizations with innovative HR solutions strongly resonates with our own commitment to delivering exceptional client experiences. Together, we will continue to push the boundaries of HR technology and provide our clients with the tools they need to thrive in today’s rapidly evolving business landscape, offering solutions such as SAP SuccessFactors, Workday, WorkForce Software, and UKG.“
“We are delighted to welcome IN-RGY to the HR Path family,” said François Boulet, co-founder and CEO of HR Path. “Their strong position in the Canadian market, combined with their expertise and partnerships, perfectly aligns with our growth strategy. We are on a clear path to becoming the undisputed leader in HRIS across North America This acquisition strengthens our capabilities and allows us to better serve our clients globally.”
“Desjardins Capital and Siparex, as of co-Funds managers, through their partnership in the Transatlantic Fund, are proud to have been able to contribute to making IN-RGY a Quebec leader in human resources digital transformation. HR Path will benefit from a group of dedicated employees who will act as a catalyst to accelerate the French group’s presence in North America. This transaction is synonymous with a mission accomplished while the objective of our partnership is to co-invest in European and Quebec ecosystem to support expansion projects or acquisition efforts on each side of the Atlantic. We are confident that HR Path has all the expertise necessary to pursue IN-RGY’s growth plan,” say Nathalie Bernard, Chief Operating Officer of Desjardins Capital and Bertrand Rambaud, President of Siparex.
As part of the acquisition, IN-RGY will continue to operate as usual and will be identified as “IN-RGY, an HR Path Company.” The entire leadership team and employees of IN-RGY will remain in their current roles, ensuring a seamless transition and continuity of service for clients.
Logo – https://mma.prnewswire.com/media/1813833/HR_Path_Logo.jpg
Contact: Fabienne LATOUR – [email protected]
View original content to download multimedia:https://www.prnewswire.co.uk/news-releases/hr-path-acquires-in-rgy-expanding-global-reach-and-strengthening-canadian-market-presence-302269950.html
Fintech PR
Hastee reaches profitability as Earned Wage Access solutions become the norm for top employers
LONDON, Oct. 16, 2024 /PRNewswire/ — Hastee, one of Europe’s leading providers of earned wage access (EWA) and financial wellbeing solutions, is proud to announce that it has reached profitability. This marks a significant milestone in its journey to empower employees with greater financial flexibility and control. The achievement comes amid rising demand for on-demand pay solutions, with destination employers now frequently citing these as a necessary benefit to attract, retain, and engage staff.
Founded with a mission to improve the financial resilience of workers, Hastee has grown rapidly since its launch and now has over 350 employer clients spanning nearly all sectors. Notable customers include global leaders in hospitality (such as McDonald’s, Domino’s and Taco Bell), top international retailers (such as IKEA, Mediamarkt and DIA), major healthcare organisations (such as Bupa and the NHS), and many more of the world’s leading employers (such as Unilever, PayPal, Iberia Express and EY).
Hastee operates in 4 of the 5 largest European markets for earned wage access: UK, Spain, Ireland, and Portugal. In 2020, Hastee acquired Typs, one of Southern Europe’s leading financial wellbeing solutions, enabling Hastee to build a unique multi-language, multi-currency, and flexible platform ready for further international scaling. Hastee is majority-owned by IDC, a multi-fund platform with $2.2B AUM, through its innovation vertical IDC Ventures.
Hastee’s solution is built on 3 pillars of financial wellbeing: Earn, Learn, and Grow. Employees can use the award-winning Hastee app to track their earnings, access earned pay flexibly, receive personalized bite-sized financial education and save directly from their payroll. The app is one of the most popular financial wellbeing apps in the Apple App Store and Google Play Store, with a user rating of 4.7 in each.
“We are extremely proud to be among the very first EWA providers globally to reach profitability,” commented Hastee CEO Jaime Jimenez. “The combination of rapid growth of our customer base alongside a cautious approach to spending has paid off: we have built a highly sustainable business that can service its clients without the need for further external funding.”
Jimenez continued: “Financial wellbeing has risen to the very top of the agenda among HR leaders, and we are honoured to have a role to play in supporting employees improve their financial health, while also helping our clients reach their ambitious ESG targets.”
“We are thrilled to support Hastee in reaching this pivotal moment,” shared Alejandro Rodriguez, co-founder and Managing Partner at IDC Ventures. “Hastee’s focus on financial wellbeing aligns perfectly with IDC Ventures’ mission of backing impactful companies that make a positive difference. We’re excited to be part of this journey, providing real value to both the end users and our partners. This achievement reflects the strength of Hastee’s model and the growing importance of solutions that empower individuals to take control of their financial health.”
About Hastee
Hastee is a financial wellness platform that allows employees to access a portion of their earned wages before payday, helping them manage cash flow and avoid debt. The platform integrates with employers’ payroll systems and provides users with flexible, on-demand access to their earnings. Hastee currently has over 350 employer clients spanning nearly all sectors. Learn more by visiting Hastee.com.
About IDC Ventures
IDC Ventures (IDCV) is a venture capital platform within IDC Network, a global multi-fund asset manager. Serving as the Partner of Choice for over 150 family offices across 30 countries, IDCV offers a diverse range of venture capital opportunities including proprietary funds, co-investments, and co-managed funds in collaboration with industry-leading managers. With $500M in assets under management, IDCV typically leads funding rounds and holds board seats, offering founders guidance drawn from deep expertise in entrepreneurship, banking, law, and consulting. Since its inception in 2019, IDCV has backed transformative founders from Series A to growth stages, with a primary focus on fintech and marketplaces in Europe, the US, and Latin America—particularly Brazil and Mexico. For more information, visit IDCVentures.com.
Media Contact:
Ernesto Bernado
[email protected]
Photo – https://mma.prnewswire.com/media/2531083/jaime_hastee.jpg
Logo – https://mma.prnewswire.com/media/2531082/Hastee_Logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/hastee-reaches-profitability-as-earned-wage-access-solutions-become-the-norm-for-top-employers-302277028.html
OSLO, Norway, Oct. 16, 2024 /PRNewswire/ — Akastor ASA invites investors and analysts to a webcast presentation of the third quarter 2024 financial results on Wednesday, 30 October 2024.
Date and time:
Wednesday, 30 October 2024, at 15:00 CET
Presenters:
- Akastor: Karl Erik Kjelstad, CEO, and Øyvind Paaske, CFO
- HMH: Thomas McGee, CFO, and David Bratton, SVP FP&A and Operational Finance
Link to webcast:
https://akercreativehub.eventcdn.net/events/akastor-audiocast-q3-2024
Questions can be submitted throughout the streaming event. The presentation material will be published on www.akastor.com and www.newsweb.no at 07:00 CET on 30 October.
For further information, please contact:
Øyvind Paaske
Chief Financial Officer
Mob: +47 917 59 705
E-mail: [email protected]
This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act
This information was brought to you by Cision http://news.cision.com
View original content:https://www.prnewswire.co.uk/news-releases/akastor-asa-invitation-to-presentation-of-third-quarter-2024-results-302277549.html
LONDON, Oct. 16, 2024 /PRNewswire/ — Greenbrook, the specialist communications advisor, is pleased to announce the appointment of former European Commissioner and Lead non-exec director at HM Treasury, Lord Hill, and the return of the City advisor, David Trenchard, as advisors to the firm.
Lord Hill is the former European Commissioner for Financial Stability, Financial Services and Capital Markets Union. He was Leader of the House of Lords and Chancellor of the Dutchy of Lancaster from 2013 to 2014. He has been Lead non-executive director at HM Treasury and is Chairman of the Ditchley Foundation. He carried out the UK Listings Review for the then Chancellor of the Exchequer in 2021.
David Trenchard, who was an advisor to Greenbrook from 2014 to 2022, brings over four decades of experience in finance. Most recently, he was Engagement Director at Elliott Advisors. David began his career at Morgan Stanley, rising to become a Managing Director in Equity Capital Markets and Head of Corporate Broking.
Andrew Honnor, Managing Partner of Greenbrook, commented: “We are delighted to welcome both Jonathan and David to our team. Their considerable experience across policy, markets and finance will provide deep insight to our clients as they navigate the evolving challenges and opportunities in the current macro-economic environment.”
Lord Hill commented: “I’ve known Andrew for two decades, and have looked with admiration at what he has achieved at Greenbrook. I look forward to joining his team and hope I can add something to the firm’s growing success.”
David Trenchard commented: “It is a pleasure to return as an advisor to Greenbrook, a leader in complex communications issues. I look forward to working with Greenbrook’s clients across various situations.”
Lord Hill and David Trenchard join Michelle Pinggera, Simon Walker and Piers Dennison as advisors to Greenbrook. Michelle joined Greenbrook in July 2018 and is the former International Chief of Staff and Partner at Goldman Sachs. Simon joined Greenbrook in March 2017 and was previously Director General of the Institute of Directors, Communications Secretary to HM Queen Elizabeth II, advisor to former Prime Minister John Major, and Chief Executive of the British Private Equity & Venture Capital Association. Piers joined Greenbrook in July 2021 and is a former Partner and Head of Investor Relations at Park Square Capital.
Contact details:
Ksenia Galouchko / Demi Kurban
Greenbrook
+44 20 7952 2000 / [email protected]
About Greenbrook:
Greenbrook provides strategic communications advisory services to the investment industry. We work with clients across the following asset classes: private equity, venture capital, private debt, hedge funds, activist funds, infrastructure and real estate, and traditional fund management.
We advise our clients on all aspects of their business through the lens of reputation, helping to build and protect value.
Greenbrook has advised on over $58 billion of corporate and sovereign debt restructurings over the last 12 months. Greenbrook was ranked by Bloomberg as the #1 advisor in Europe for engaged shareholder communications in 2023. The firm ranked among the top #5 in Europe by Mergermarket and the #1 PR and communications firm in Europe by Private Equity Wire.
For more information, please visit www.greenbrookadvisory.com or follow Greenbrook on LinkedIn.
View original content:https://www.prnewswire.co.uk/news-releases/greenbrook-appoints-lord-hill-and-david-trenchard-as-advisors-302276721.html
-
Fintech PR7 days agoMindArk Accelerates Towards Achieving the World’s First AI-Generated Metaverse with Real Cash Economy
-
Fintech PR6 days agoSaudi Arabia to Host the Multilateral Industrial Policy Forum in October 2024
-
Fintech PR5 days agoBybit Doubles Down on Rewards for Late Entrants of WSOT 2024 With New 100,000 Prize Pool
-
Fintech PR5 days agoVantage Markets Adds Another Feather to its Cap: Wins Best Forex Affiliate Program at Global Brand Awards 2024
-
Fintech PR5 days agoRSM US and RSM UK pursue transatlantic merger to strengthen global client offering and deliver long-term growth
-
Fintech PR5 days agoBybit x Block Scholes Derivatives Report Uncovers BTC Call Option Boom Amidst Election Uncertainty
-
Fintech PR5 days agoOCI to Close Divestment of Controlling Stake in Fertiglobe
-
Fintech PR5 days agoBitget Launches Telegram App Centre, Featuring Over 600 TON Trending Mini-Apps