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 The Work Tech sector’s outsized growth potential, coupled by its significant fragmentation, increased competition and continued innovation has already kicked-off a broad- based wave of M&A. The trend is clearly towards integrated product offerings that cater to a wide range of adjacent functional needs for clients of all sizes. In 2020 there were 177 transactions, with disclosed value of $45.5 billion. We call this the Great Consolidation because its trajectory indicates a reshaping of the Work Tech competitive landscape, with longer-term implications.
In this April 2020 update, Venero provides an economic review of the potential macroeconomic shock, the impact it may have on HR Tech / Future of Work businesses, and the implications for fundraising and M&A.
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We are delighted to present our 2019 analysis of M&A and investment trends in the HR Tech sector. This is the second year in a row we release such a report, after the overwhelmingly positive reception of the inaugural publication. Similar to last year, in this report we share some of the insights and observations we have gathered from working with companies and investors in the Human Capital Management space over the last 12 months. We review the most prevalent M&A and investment themes, analyse notable transactions and highlight the factors that are likely to drive corporate finance activity for HR Tech businesses going forward. Below are the key takeaways. You can request the full report here. Client Briefing Note:Cybersecurity is a sector flush with fragmented technologies. M&A deal flow is underpinned by robust structural growth, transition to the Cloud, government regulations and sophisticated cyber breaches. In this context, small players with niche technologies are acquired by larger peers who need to expand their capabilities and scale their product offerings.
This briefing note looks at the main drivers of M&A activity in the cybersecurity space, reviews transaction volumes, the most active acquirers and trends such as vendor rationalization. It also explains the importance of an Advanced Security Operation Control as a driver for acquisitions and analyzes precedent transaction multiples and public trading valuations. Most marketplaces are described using three primary characteristics: number of sides (1-sided, 2-sided, 3-sided or n-sided), geographic density and customer type (B2B, B2C, C2C). An element less frequently considered is "reciprocity". In this post we define "reciprocal marketplaces", explore their main properties and identify what is required to ensure their orderly function.
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