PARIS, July 4, 2024 /PRNewswire/ — HR Path, a global leader in HR consulting, announces a record fundraising of €500 million from Ardian, one of the world’s leading private investors. This historic fundraising, The transaction, the largest in the company’s history, marks a significant milestone in HR Path’s success. It will play a crucial role in driving HR Path’s next phase of growth and international expansion in United States, Canada, Germanythe Nordic countries and Australia.

HR Path: HR transformation for efficient and personalized HR management
Optimizing recruitment, developing and retaining talent, and effectively managing human resources are key success factors and competitive advantages for companies.
HR Path relies on a unique model to address these challenges in a globalized market driven by a multitude of technological solutions. By offering a global and personalized approach to all HR issues that companies face, the Group positions itself as a true “one-stop HR shop”.
Through its three businesses – Advise, Implement and Execute – HR Path provides consulting, HR systems implementation and payroll outsourcing services, enabling companies of all sizes and in all sectors to effectively transform and optimize their HR functions.
Record fundraising to enter a new phase of growth
This position has allowed HR Path to establish itself as one of the world leaders in HR consulting. The group is now present in 22 countries, employs more than 1,800 people and serves more than 3,000 clients worldwide. It achieves a turnover of 215 million euros, with a CAGR of 25% since 2021.
To accelerate this growth, HR Path has just closed a financing round of 500 million euros with Ardian. “Securing this €500 million financing from Ardian is a transformative step for HR Path,” said François Boulet, co-founder and CEO of HR Path. “This partnership underlines their confidence in our business model and growth trajectory. We would like to express our sincere thanks to HR Path partners, our people and our clients for their continued support and dedication. With the support of the team and Ardian, we are ready to expand our HR digital transformation services globally and deliver unmatched value to our clients.”
HR Path intends to use this new financing to continue and accelerate the external growth strategy initiated in 2009, which saw the integration of 38 companies in 12 countries. The group plans to make new targeted acquisitions in strategic markets, such as United States, Canada, Germanythe Nordic countries and Australia – expand HR Path’s value proposition and strengthen its position in the global market.
Cyril CourtinCo-founder and CEO of HR Pathadded, “We also express our gratitude to our partners, such as Société Générale Capital Partenaires (SGCP), one of our first financial partners and in particular Marc JacquinDirector of Investments at SGCP, for their support and collaboration. This significant investment allows us to accelerate our growth plans and further innovate in our service offerings. We are excited about the opportunities that lie ahead and are committed to promoting excellence in HR services worldwide.”
Media contact:
fabienne.latour@hr-path.com
SOURCE HR Path