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Announced

Completed

SEEK Investments led a $129m funding round in Employment Hero.

Financials

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Transaction Value£95m
Consideration TypeCash
Capital Owned-
Capital Bid For10%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Acquisition

Completed

Minority

Friendly

Outsourced HR and Staffing

human resources

Australia

Private Equity

Private

Venture Capital

Single Bidder

Domestic

Synopsis

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SEEK Investments led a $129m funding round in Employment Hero, a human resources platform, with participation from OneVentures and AirTree Ventures. The support from investors at the ‘unicorn’ mark reflects Employment Hero’s strong and sustained revenue growth and prospects. This news comes on the heels of Employment Hero’s acquisition of workforce management and payroll solution, KeyPay.

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