VENERO CAPITAL ADVISORS
  • HOME
  • ABOUT
    • ABOUT VENERO
    • SECTOR FOCUS
    • SERVICES >
      • MERGERS & ACQUISITIONS
      • EXIT READINESS
      • DEBT ADVISORY
      • BRIDGE FUNDING
      • GROWTH CAPITAL
      • STRATEGIC ADVICE
  • PEOPLE
    • TEAM
    • CAREERS
  • TRANSACTIONS
  • CONTACT
  • INSIGHTS
    • NEWS & REPORTS
    • EVENTS
    • SIGN UP

NEWS & Insights

WorkTech M&A and Investment Update: Two Major Trends to Watch (Q3 2023)

11/10/2023

 
Picture

Read More

Special Report: Future of HR

1/8/2023

 
As inflation continues to bite and real wages remain low, HR teams will be focusing their efforts on engagement and looking for creative ways to show employees some love. How can HR build connections with a frustrated workforce? Can AI help reward workers by identifying new career paths, or prompting recognition from senior leaders? How will firms address the ongoing skills crisis? And why don't employees want to come back to the office? 

Published by Raconteur in The Times, the Future of HR report is an annual publication that guides HR and business leaders through the trends, themes and challenges changing the landscape of HR. 

Usually only available to Times subscribers, you can get the latest Future of HR report for free from Venero Capital Advisors. ​
Picture

Read More

$6.1bn invested in Work Tech in 1H 2023: High volume, Low deal count

6/7/2023

 
Picture
M&A activity held up surprising well during the first half of 2023, with 155 announced acquisitions. This is not far off the robust levels seen in the dealmaking boom of the 2021-2022 post-Covid era. Buyers have remained active, and valuations have shown signs of recovery after contracting by c. 35% last year. 
 
Growth remains the primary valuation driver for M&A. However, increasingly it is assessed in conjunction with capital efficiency, profitability, or with the potential for a business to achieve breakeven in the near term. 
 
Equity funding reached $6.1 billion in the first six months of the year, putting 2023 on track to be the third best year in terms of funding for the sector. However, this amount was invested across 274 transactions, which is a record low number of deals for the sector. 

Read More

Thierry Vanbever Joins Venero Capital Advisors

19/6/2023

 
Picture
LONDON, UK and COLMAR-BERG, LUXEMBOURG, June 19, 2023 – Venero further strengthens its unmatched expertise in HR Technology M&A with the appointment of Thierry Vanbever as Managing Director, European Coverage.

With more than 30 years of experience, Thierry is a highly regarded M&A and corporate development practitioner with a deep focus on HR Technology and Payroll Services. Prior to Venero, Thierry spent 15 years at SD Worx, one of Europe's largest providers of People Solutions, most recently as Director of M&A and Alliances, and Managing Director International, responsible for the development of SD Worx across key European markets.

Read More

Fountain Acquires Clevy to Further Advance AI for Hourly Hiring

8/6/2023

 
Picture
SAN FRANCISCO, CA and PARIS, FRANCE – June 7, 2023 – Clevy, a Paris headquartered international provider of AI conversational technologies for businesses, has been acquired by Fountain, the San Francisco headquartered leading Labour ATS and provider of hiring automation software for the hourly workforce. 

Read More

Venero Report:  Generative AI and its impact on the Future of Work

19/4/2023

 
Picture
Work Tech vendors have been investing in AI for years, yet generative AI will disrupt the Future of Work more quickly than people anticipate, and the impact will be much more pronounced. 

​
In this report we discuss why and how Generative AI will fundamentally change the competitive landscape, and why Work Tech vendors will need to establish a different competitive moat. 

We dive into the state of the Work Tech market, Generative AI use cases, early product releases, risks, limitations, as well as implications for M&A and VC funding. 


The report also looks at the impact of inflation, layoffs, lack of VC funding and tightening budgets on Work Tech vendors, and the outlook for M&A and fundraising. 

Current risks and limitations notwithstanding, the AI genie is now out of the bottle. As with other paradigm-shifting innovations, like the rapid democratization of the Internet following the release of the first Mosaic web browser, all vendors should take note and carefully assess the impact Generative AI is likely to have on their business. 


Read More

Webinar: How ChatGPT and Generative AI can be used in HR Tech

12/4/2023

 
Picture
Venero Capital Advisors is organising an online webinar on How ChatGPT and Generative AI can be used in HR Tech. 

The session will be led by Chris Collins, founder of RoboRecruiter (acquired), who now helps businesses integrate AI, Large Language Models and ChatGPT into their product offerings. 

Chris will provide an overview of ChatGPT's capabilities and will demonstrate relevant use cases for HR Tech vendors, including using its API's to create plugins. 

Topic: Using ChatGPT in HR Tech 
View recorded session, on-demand: Click here
View Recording

$2.9bn invested in Work Tech in 1Q 2023; 47 acquisitions announced

7/4/2023

 
Picture
It may not feel this way, but Work Tech is gearing up for a robust M&A recovery in 2023. Following a pause in new process launches last year, there is a notable uptick in businesses looking to explore strategic options this year. For some this is a necessity, with venture funding less abundant and some customers, particularly in tech, tightening their purses. For others, KPI’s have remained robust, and coming to market is a choice contingent only on sentiment improving – or at least stabilizing. 

​In terms of numbers, 47 Work Tech acquisitions were announced in Q1 2023. This is a c. 45% drop compared to the 84 per quarter, on average, announced during the previous four quarters. Considering the c. 6-9 month lag between an M&A process launching and it being announced, today’s numbers reflect last year’s slowdown.

Read More

Join Venero at Transform2023 in Las Vegas

7/3/2023

 
Picture
Venero Capital Advisors is a proud sponsor of the Innovation Stage at Transform2023. The conference's evolution into a people-driven thought leadership ecosystem for HR Tech and Work Tech represents everything we love about Transform and more. 

Join us in Las Vegas at Transform 2023 as we, together, inspire more meaningful connections, celebrate more impactful innovations, and spark deeper conversations that will continue to shape the future of work all year long.

Debt Capital Markets Update, February 2023

7/2/2023

 
Picture
Companies interested in tapping the debt financing market should note that lenders today are equipped with all-weather intelligence and decision-making frameworks. This facilitates continuity of lending activity during periods of high or low inflation and interest rates, positive or negative economic outlook, financial and geopolitical disruptions, and the likelihood of corporates' distress. As such, 2023 is unlikely to mark a departure from the lenders’ strategies and tactics of 2022. Instead, we are seeng creative approaches to debt financing structures, increased enthusiasm for quality deals and a greater focus on earlier start to relationship-building with borrowers. 


Read More
<<Previous

    Categories

    All
    Capital Raising
    Client Briefing
    Cybersecurity
    Debt Financing
    Human Capital
    Insights
    IPO
    M&A
    Market Update
    Payments
    Press Releases

    Subscribe

    RSS Feed

About
People
Insights
Contact Us
Terms | Privacy
Venero Capital Advisors offers tailored and independent investment banking services to businesses operating in HR Tech and the Future of Work sector. Our client relationships are built and carefully maintained on trust, discretion and dedication. We combine in-depth industry expertise with market leading advisory skills – delivered within a highly confidential and unconflicted framework.

Venero Capital Advisors Ltd. is authorised and regulated by the Financial Conduct Authority (the "FCA"), appearing on the FCA register under firm reference number 795179.​ © Copyright 2023 Venero Capital Advisors Ltd.
  • HOME
  • ABOUT
    • ABOUT VENERO
    • SECTOR FOCUS
    • SERVICES >
      • MERGERS & ACQUISITIONS
      • EXIT READINESS
      • DEBT ADVISORY
      • BRIDGE FUNDING
      • GROWTH CAPITAL
      • STRATEGIC ADVICE
  • PEOPLE
    • TEAM
    • CAREERS
  • TRANSACTIONS
  • CONTACT
  • INSIGHTS
    • NEWS & REPORTS
    • EVENTS
    • SIGN UP