Review of the June 2020 HR Tech M&A and fundraising activity, update on HR Tech valuations and peer benchmarking, job market activity by country, and key highlights from earnings reports other operational updates.
Valuation multiples for Future of Work companies continued to expand in June. Productivity companies saw the largest expansion (+8%) compared to their pure HR tech and diversified peers (+5% and +4% respectively). HR Services decreased by almost -1%, and their multiples remain significantly below those of productivity and their tech-driven peers
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