Fundz

Employment Hero acquires Humi for $100 million

May 21, 2025

Acquiring Company

Employment Hero

Acquired Company

Humi

TorontoHuman ResourcesOther

Description

Employment Hero has acquired Canadian HR platform Humi for $100 million. CEO Ben Thompson anticipated aligned values and seamless integration following the acquisition. However, feedback from employees indicates significant cultural challenges post-acquisition. The situation reflects ongoing workplace issues within Employment Hero.

Quick answer

Employment Hero is acquiring Humi for $100 million, announced May 21, 2025.

How much did Employment Hero pay for Humi?
The reported deal value is $100 million.
What does Employment Hero do?
Employment Hero is a cloud-based platform that provides comprehensive human resource (HR), payroll, and recruitment solutions for small and medium-sized businesses (SMBs).
Where are Employment Hero and Humi based?
Humi is based in Toronto, Ontario, Canada.
Who are the decision-makers at Employment Hero?
Fundz holds 1 contact at Employment Hero. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Other recent acquisitions in Human Resources

Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.

Who to call at Employment Hero, and when

When Employment Hero changes hands, the new owners review vendors, systems and leadership. That is when the door opens.

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Company Information

Company

Employment Hero

Location

441 Kent Street

About

Employment Hero is a cloud-based platform that provides comprehensive human resource (HR), payroll, and recruitment solutions for small and medium-sized businesses (SMBs). Founded in Australia, the company has expanded its presence globally, operating in countries such as New Zealand, the UK, Singapore, Malaysia, and Canada. Employment Hero aims to simplify employment processes, allowing businesses to focus on growth and success. The platform offers a range of tools that cover the entire employee lifecycle. This includes HR management for centralized employee data and compliance, automated payroll processing tailored to local regulations, recruitment tools for managing hiring processes, and employee benefits administration to enhance engagement. Additionally, it features scheduling and time management capabilities to track attendance and manage workforce scheduling. Employment Hero is designed to be intuitive and affordable, supporting SMBs in managing their teams efficiently and compliantly.

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Frequently asked

Who acquired Humi?

Humi was acquired by Employment Hero. The deal was reported on May 21, 2025. Employment Hero is a cloud-based platform that provides comprehensive human resource (HR), payroll, and recruitment solutions for small and medium-sized businesses (SMBs). Employment Hero is privately held and operates in Human Resources.

When did Employment Hero acquire Humi?

Employment Hero's acquisition of Humi was reported on May 21, 2025. Employment Hero has acquired Canadian HR platform Humi for $100 million. CEO Ben Thompson anticipated aligned values and seamless integration following the acquisition. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Humi do?

Humi is the leading all-in-one people solution for Canadian businesses. Serving companies nationwide, Humi supports and enables employers to take better care of their most important asset: their people. It is privately held, operating in Other, and is based in Toronto.

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