Humanforce acquires intelliHR for $77M
Sydney workforce-management firm Humanforce has bought Brisbane HR software company intelliHR for $77 million, its third acquisition since private equity firm Accel-KKR invested in 2022.
CEO, Humanforce
| Role | Organisation | Sources |
|---|---|---|
| CEO | Humanforce | ARN (ARNnet), Startup Daily, SmartCompany |
Stories naming Clayton Pyne. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Sydney workforce-management firm Humanforce has bought Brisbane HR software company intelliHR for $77 million, its third acquisition since private equity firm Accel-KKR invested in 2022.
Humanforce has bought Wagestream's Australian arm, formerly Earnd, for an undisclosed sum. The article recalls Earnd's 2019 raise, its sale to Greensill, rescue by Wagestream, an A$81m Series C, and Humanforce's earlier acquisitions.
Interview with Humanforce founder Bruce Mackenzie on leaving the workforce-management firm he built after its sale, reflecting on bootstrapping, early funding, and how founders know when to exit.