European HR Solutions Company Alexander Mann Solutions Acquired for £260 million

We have already reported that the HR software market is blazing hot, going through an unprecedented wave of mergers and acquisitions in the last two years. Here is another private equity acquisition –
Alexander Mann Solutions, a London-based talent acquisition and management business, has been acquired for £260 million by New Mountain Capital. The HR software market is forecast to grow by 2018 at a seemingly low CAGR of 2.4%. However, this relatively low overall growth rate is not indicative of the profound market shifts and inner market dynamics.

Related