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Meraki Capital acquires Hays to launch Tessero

PRIVATESep 01, 2026about 20 hours ago

Acquiring Company

Meraki Capital

Acquired Company

Hays plc

AssamGreater LondonFinancial ServicesVenture CapitalAngel InvestmentConsultingHuman ResourcesRecruiting

Description

Meraki Capital has successfully acquired six businesses from Hays plc to create a new recruitment group named Tessero. This launch marks an expansion into six European markets. The acquisition aims to boost Meraki's presence in the recruitment sector. This strategic move underscores Meraki's commitment to growth and innovation.

Company Information

Company

Meraki Capital

Location

Assam, India

About

Meraki Capital is an investment firm focused on backing high-quality recruitment businesses. The firm partners with management teams to promote sustainable, long-term growth. They offer strategic support and financial backing to help companies scale operations effectively.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed

Frequently asked

Who acquired Hays plc?

Hays plc was acquired by Meraki Capital, based in Assam. The deal was reported on September 1, 2026. Meraki Capital is an investment firm focused on backing high-quality recruitment businesses. The firm partners with management teams to promote sustainable, long-term growth. Meraki Capital is privately held and operates in Financial Services.

When did Meraki Capital acquire Hays plc?

Meraki Capital's acquisition of Hays plc was reported on September 1, 2026. Meraki Capital has successfully acquired six businesses from Hays plc to create a new recruitment group named Tessero. This launch marks an expansion into six European markets. The acquisition aims to boost Meraki's presence in the recruitment sector. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Hays plc do?

Hays plc is a leading global recruitment agency offering recruitment services in various sectors. With a strong presence in Europe, Hays specializes in permanent, temporary and contract recruitment. It is privately held, operating in Human Resources, and is based in Greater London.

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