EQT acquired Melbourne, Australia-based PageUp, a global leader in SaaS talent acquisition, recruitment marketing, and talent management solutions from existing majority owners Battery Ventures.
The amount of the deal was not disclosed.
EQT’s investment, through its BPEA Fund VIII (“EQT Private Capital Asia”), builds on PageUp’s operating momentum in achieving substantial organic and acquisition-led growth in recent years. This has included the acquisitions of Clinch in 2019 and eArcu and PathMotion in 2021.
With EQT’s investment and strategic backing, PageUp will accelerate its expansion into priority international markets and deepen its offering in key sectors and verticals.
Founded in 1997, PageUp delivers its alent acquisition and recruitment marketing software to corporates, universities, hospitals, and public-sector customers worldwide via offices in Australia, North America, and Europe. Its product suite powers the end-to-end talent management of global brands such as Flight Centre Travel Group, Ramsay Healthcare Australia, Bank of Ireland, Boston Medical Centre, and University of North Texas Systems.
PageUp represents EQT’s latest investment in the Human Capital Management software sector, which it views as a dynamic segment as HR professionals leverage technology to meet the challenges of attracting and retaining an evolving global workforce. PageUp adds to EQT’s global portfolio of investments in HCM software businesses across strategies, which includes Peakon, Unmind, Hume, Sana Labs, and HRBrain.
FinSMEs
31/10/2024