Consolidation of the HCM and Talent Management Space

Did you know there have been over 50 “financial events” in the HCM and talent management space since 2005?  As many of you know, I have been a keen observer of many of those events on this blog (here…here…here).  Financial events are considered…

  1. Mergers/Acquisitions (M&A)
  2. Initial Public Offerings (IPO)
  3. Venture Capital/Equity Investments
  4. Common Stock Offerings

Kenexa has led the charge with 7 acquisitions over the past 3 years.  A summary of the history of M&A and investing in the HCM and talent management space will be available next week when we launch our new KnowledgeCenter on the Center of Excellence.  More to come shortly…

UPDATE: Check that.  Over 51 financial events.  Salary.com today announced the acquisition of Infobasis.  Amazing how quickly posts become obsolete these days :-).

August 26th, 2008

7 Comments Add your own

  • 1. Bill Kutik  |  August 27th, 2008 at 4:50 am

    I would argue with your headline, Jason, but not with your noting the velocity of financial transactions. I would consider “Consolidation” only to include the mergers and acquisitions. Tell us how many of those there have been.

  • 2. Jason Corsello  |  August 27th, 2008 at 5:04 am

    Thanks Bill. Good clarification. Maybe I was trying to grab headlines. Of the 51 “events”, I count 34 M&As since 2005.

  • 3. Techsphinx  |  August 27th, 2008 at 11:42 am

    Only a few of the mergers out there in the applications space have really been of any real scale though Jason. Most of the acquisitions have been pick-ups of fading companies or niche plays to gain technology. Off hand I would say that these are the most important ones:

    Taleo/Vurv
    Kenexa/BrassRing
    ADP/Virtual Edge
    Stepstone/Executrack
    Kronos/Deploy Solutions

    Notice the concentrations in recruiting? I am sure that a few more are in there I may be missing.

  • 4. Jason Corsello  |  August 27th, 2008 at 12:30 pm

    Nice observation. Yes…good recruiting capabilities have taken many years to build and perfect. Contrarily, performance and goal management capabilities are relatively easy to build and therefore why most have chosen to build versus buy.

  • 5. Lisa  |  August 27th, 2008 at 1:02 pm

    I am just now writing an article on this topic for IHRIM.link and you’re helping me out, Jason! Thanks. I observe that there have been a few acquisitions where the buyer has ended up doing a complete rewrite.

    I wouldn’t say all of the major acquisitions have been recruiting-centric as there’s been more than a few performance and compensation pick-ups as well.

  • 6. Salary.com acquires InfoB&hellip  |  August 29th, 2008 at 4:55 am

    […] picked up on the announcment this week of Salary.com’s acquisition of InfoBasis on his Human Capitalist […]

  • 7. 080826 Daily Links for Re&hellip  |  May 18th, 2009 at 9:01 pm

    […] Consolidation of the HCM and Talent Management Space With over 40,000 vendors in the marketplace, nearly 1/10th of 1% of the players have consolidated. There is an additional (very large group) who hope and pray for a consolidation. […]

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