In a major development for the Canadian tech and employment space, Humi, Canada’s trusted employment platform, has been acquired by Employment Hero, a global leader in employment solutions. The deal, valued at over CAD 100 million, is one of the largest recent acquisitions in the Canadian tech sector and marks a significant step in Employment Hero’s strategy to strengthen its presence in the Canadian market.
The Strategic Partnership
This acquisition is a strategic partnership combining Employment Hero’s global innovation and Employment Operating System (eOS) with Humi’s local expertise in the Canadian employment landscape. The partnership is set to deliver a unique, all-in-one platform for payroll, HR, and benefits, specifically tailored to the needs of Canadian businesses.
Humi’s Expertise in the Canadian Market
For almost a decade, Humi has been providing employment solutions designed to make every Canadian employee feel valued, supported, and inspired. The company has built a strong understanding of the needs of Canadian businesses and SMEs. With over one million small and medium-sized businesses (SMEs) in Canada, this partnership represents a key opportunity to improve employee productivity and streamline business processes.
What This Means for Canadian SMEs
The acquisition allows Humi to continue its growth while benefiting from the resources and innovation provided by Employment Hero. By integrating eOS, Employment Hero’s global platform, with Humi’s tailored solutions for the Canadian market, the partnership will empower Canadian SMEs to invest in employee development, streamline HR processes, and scale their operations efficiently.
CEO Statements
Kevin Kliman, CEO and co-founder of Humi, expressed excitement about the acquisition, stating, “Together, we will continue to drive progress in the employment marketplace with tailored solutions that support local businesses across Canada.”
Ben Thompson, CEO and co-founder of Employment Hero, highlighted the complementary strengths of the two companies, saying, “Humi’s deep knowledge of Canadian employment and impressive track record of supporting businesses make them the perfect partner as we expand our offerings in Canada.”
A Future-Focused Employment Solution
The partnership between Employment Hero and Humi promises to reshape how Canadian businesses manage their HR, payroll, and benefits systems. With both platforms focused on making employment easier and more valuable, this acquisition solidifies Employment Hero’s commitment to providing seamless, localized solutions that cater to the unique needs of Canadian businesses.
The acquisition of Humi by Employment Hero is poised to have a significant impact on the Canadian market, offering SMEs an all-in-one platform for managing employment processes. By combining global innovation with local expertise, the partnership is set to drive forward business growth and productivity, positioning Humi and Employment Hero as key players in the future of Canadian employment solutions.
