DrakeStar-2024年第二季度全球人力资源技术报告（英译中）

Q22024NEWYORKLOSANGELESIBERLINHYOURCLIENTSCHOQSEUSINDEPENDENTANDPARTNER-LEDINDEPENDENTANDPARTNER-LEDLEADERINMIDmmMARKETTECHINVESTMENTBANKINGRECOGNZEDBYTHEINDUSTRYEXTENSIVEM&AANDCORPORATEFINANCEEXECUTIONSKILLS2I SALETOHgc业 SALETOsierling SALETOINVESTCORP SALETO SALETO SALETOAconsoa MAJORITYRECAPBY MAJORITYSALETOONEHIRING MAJORITYRECAPBY SALETOECUFAX SALETOSALETO DIVESTUREOFAMACOM DIVESTUREOFAMACOMTO*P& IPO* PRIVATEPLACEMENT PRIVATEPLACEMENT SALETOid SALETORALFRALFPHlLIPPHOFMANNMANAGINGPARTNER&MEMBEROFTHEEXCOMGABYSILVESTRISgaby.silvestrisQMANAGINGPARTNERchristophe.mnorvanQdrakestar.comnJIMHOLZERMANAGINGPARTNERjim.holzerQn3CONTINUEDSTRONGMARKETTRACTIONTHAPPEALINGOUTLOQKFQR202478%4AdvancedAdvanced-50%oforganizations-50%oforganizationslackmatureHRtechnologystacksBROADLANDSCAPEOFHRTECHSOLUTIONSANDNEEDFORASOPHISTICATEDTECHSTACKDRIVEIN/ESTMENTSPENDING78%78%82%66STRATEGICINVESTORSHAVEDQMINATEDINVESTORACTITYOVERTHEPAST12MONTHSMOSTACTIVEPE-BACKEDCONSOLIDATORSINHRTECH(202O-Q12024) strategicconsolidatorssponsorsDealcountAcquisitions8438MOSTACTIVEPBLICCONSOLIDATORSINHRTECH(2020Q12024)strategicconsolidatorsstrategicconsolidatorsAcquisitions339bHUMANCAPITALMANAGEMENT/TALENTMANAGEMENTbABOUTDRAKESTARDRAKESTAR'SHRTECHUNIVERSECOVERINGTHEENTIREVALUECHAIN 训利CAPITALMARKETENVIRONMENTLAST24MONTHSSHAREPRICEPERFORMANCE 四7四7月月月月月月trineDRAKEDRAKESTARCAPITALMARKETENVIRONMENTLAST24MONTHSEV/LTMREVENUE 2022202220222022202220222022202220222ORacleATOSS影dayforcewyPAYCHEXsagetrineDRAKEDRAKESTARCAPITALMARKETENVIRONMENTLAST24MONTHSEV/LTMEBITDA四月77月月月trineDRAKESTARWww.crakestar.cco15QUARTERLYPERFORMANCEOFDRAKESTARHRTECHINDICESCAPTURINGTHELASTEIGHTQUARTERSDRAKESTARDEVELOPMENTOVERTHELASTFOURQUARTERSWTHANPTICKINM&AANDPRIVATEPLACEMENTSINQ12024 PRIVATEPLACEMENTSQ22023Q32023Q42023Q1202429%EuropeanshareofglobaldealmakinginQl2024 ■mm$27mlargestfundingroundinQl2024(BorderlessAI)168privateplacementsinQl2024157159A4533Q22023Q32023Q42023Q12024mmDisclosedDealvalue$mDealcount$2.2bnlargestdisclosedidealinQl2024(sterling/FirstAdvantage)34%EuropeanshareofglobaldealmakinginQl202445transactionsinQl202445INSTITUTIONALLYBACKEDPRIVATECOMPANIES&INVESTORSLISTOFBESTFUNDEDPRIVATECOMPANESANDMOSTACTIVEFINANCIALINVESTORSINHRTECH1.2051.073818725751751725624496496430441435430DRAKESTAR6selectedInvestnents553332mm222222义xbit义xbitNOTABLEHRTECHM&ADEALSINQ12024Maro5,2024payspacewasacquiredbyDeelHumancapitalManagementHumancapitalManagementFeb24,2024FirstAdvantageannouncedtoacquiresterlingTalentManagementTalentManagementFeb20,2024EV:$161m(onlyperkbox)perkboxandvivupwereacquiredbyGreenHillpartners•Vivup是健康和保健福利的领导者Feb13,2024Dendreowasaccuiredbysepteo,viaitsfinancialsponsorHGcapitalJano2,2024EV:n.a.VEDAwasacquiredbyInvestcorpDRAKESTARNOTABLEHRTECHPRIVATEPLACEMENTSINQ12024Maro1,2024口cn.a.DeelraisedventurefundingfromcirclecapitalMaro1,2024n.a.BenefitHubraiseddevelopmentcapitalfromInvernessGrahamTalentManagementTalentManagementFebO1,2024Dealsize:$25mRemofirstraisedseriesAventurefundingledbyoctopusventuresOJan11,2024SASYSCAPZn.a.ASYSreceiveddevelopmentcapitalfromcapzaJano1,2024n.a.BambooHRreceiveddevelopmentcapitalfromcalmventuresDRAKESTARWww.crakestar.ccobHUMANCAPITALMANAGEMENT/TALENTMANAGEMENTbABOUTDRAKESTARCAPITALMARKETENVIRONMENTTALENTACQUISITIONLAST24MONTHSSHAREPRICEPERFORMANCE 四7四7月月月月月月DRAKESTARW.drakestar.conCAPITALMARKETENVIRONMENTTALENTACQUISITIONEV/REVENUE2024E :2.7x:2.7x»VISIONNLDRAKESTARCAPITALMARKETENVIRONMENTTALENTACQUISITIONEV/EBITDA2024E ::Median12.7xMedian12.7x»VISIONNLupworkDRAKESTARNOTABLEM&ADEALSINQ12024TALENTACQUISITIONFeb20,2024EV:n.a.untappedwasacquiredbypodiumEducationFebo1,2024circularSNGULAREV:n.a.circularwasacquiredbySNGULARJan12,2024EV:.a.琴TSIHOLDINGSREADYTOFASHIONwasacquiredbyTSIHoldingsJano4,2024EV:n.a.HomerunwasacquiredbyInvinciblesoftwareHoldingsJano3,2024EV:n.a.ottawasacquiredbywelcometotheJungleDRAKESTARWNOTABLEPRIVATEPLACEMENTSINQ12024TALENTACQUISITION FebO5,2024$2omBrixraisedseriesAventurefundingbyFreesFundandplugAndplayFebO1,2024n.a.phenomraisedventurefundingfromMeyerkeithventuresFebo1,2024n.a.FetcherraisedventurefundingfromMeyerkeithventuresJan25,2024Dealsize:$4mofferzenraisedventurefundingfromAIcapitalpartnersHireEZraisedventurefundingfromundisclosedinvestorsDRAKESTARWww.crakestar.ccombHUMANCAPITALMANAGEMENT/TALENTMANAGEMENTbABOUTDRAKESTARCAPITALMARKETENVIRONMENT-TALENTMANAGEMENTLAST24M1OTHSSHAREPR1CEPERFORMANCE 四7四7月月月月月月PAYCHEXdoceboe一RacLeATOSS影trineDRAKESTARDRAKESTARCAPITALMARKETENVIRONMENT-TALENTMANAGEMENTEV/REVENUE2024A6.4X6.4XpaylocityATOSSdoceboeDRAKESTARSELECTEDM&ADEALSINQ12024HUMANCAPITALMANAGEMENTMaro1,2024EV:n.a.certipaywasacquiredbyvensure,viaitsfinancialsponsorssummitpartnersandstonepointcapitalFeb29,2024CMlManagementwasacquiredbyDexterraGroupFeb14,2024clexisEV:n.a.AlexisHRwasacquiredbysimployerGroup,viaitsfinancialsponsorFerdJan15,2024EV:n.a.BelFlexwasacquiredbyEldwoodstaffingJano5,2024EV:n.a.genMployeewasacquiredbyBullhorn,viaitsfinancialsponsorsInsightpartnersandGenstarcapital•AlexisHR开发了一个人力资源平DRAKESTARSELECTEDPRIVATEPLACEMENTSINQ12024HUMANCAPITALMANAGEMENTMar21,2024Dealsize:$27mBorderlessAIraisedseedfundingledbysIGandFeb29,2024zizzlhealthDealsize:$11mzizzlHealthraisedventurefundingfromArthurventuresFeb20,2024RIVETn.a.RivetworkraisedventurefundingfromRedcedarventuresJan31,2024雪benepassDealsize:$2omBenepassraisedseriesA3venturefundingledbyportageandclocktowerTechnologyventuresJano1,2024n.a.AdvantageclubraisedventurefundingfromAFGPartners•这些资金将用于支持增长的•Benepass开发了福利卡软件,提供预付债务卡，并自动化员工的入职和离职流程•AdvantageClub提供在线员工奖DRAKESTARNOTABLEM&ADEALSINQ12024TALENTMANAGEMENTJanJan29,2024EV:n.a.Mar2o,2024EV:nosticwasacquiredbycultureAmp解线Feb20,2024bonrepublicEV:n.a.BonrepublicwasacquiredbyHRworks,viaitsfinancialsponsorsMaguarcapitalManagementJano9,2024EV:n.a.HUDDL3groupThepipelinewasacquiredbycreateImpactventuresthroughanLBOSponsorHUDDL3GroupJano9,2024inerolEV:n.a.MITR八TECHMineralwasacquiredbyMitratech,viaitsfinancialsponsorontarioTeacherspensionplanDRAKESTARWNOTABLEPRIVATEPLACEMENTSINQ12024TALENTMANAGEMENT Mar13,2024n.a.TeamspectiveraisedseedfundingledbyBusinessFinlandventurecapitalOMaro1,2024n.a.MaoBoaraisedventurefundingfromFemmesBusinessAnglesJan29,2024Dealsize:$1omcomparaisedventurefundingfromstormventuresandothersJan18,2024Dealsize:$1omLeadrraisedventurefundingledbycubitcapitalJan16,2024n.a.DriverReachraisedventurefundingbyFulcrumEquitypartners展DRAKESTARbOVERALLHRTECHMARKETUPDATEbTALENTACQUISITIONbHUMANCAPITALMANAGEMENT/TALENTMANAGEMENTbABOUTDRAKESTARDr.RalfTomshiehDr.MartinGrentzerBriancameronINDUSTRYLEADERSAREFOLLOINGDRAKESTAR'SRESEARCHREP○RTSTech的靶心！我非常同意工作的Director这份报告中有很多RalfPhilippACTIVEMINDSETLEADERINTHETECHINDUSTRY(1/3)SECTORRESEARCHANDMARKETUPDATESSELECTEDSELECTEDHRTECHRESEARCH哇，这真的击中了人力资源技术的靶心！我非常同意工作营销专家Q&AWTHINDlusTRYLEADERSAbakarsaidovproductManagementLikemindedkimberlyBreuerThomasotterSECTORSECTORRESEARCHACTIVEMINDSETLEADERINTHETECHINDUSTRY(2/3)THOROUGHINDUSTRYKNOLEDGERECENTPANELDISCUSSIONS,INTERVIEWSANDCONVENTIONSGlobalpanelonEnterprisesoftwareM&AatMCDermnottwIll&Emery'sconferenceDrakestarassponsoratzukunftpersonalEuropeManagingManagingpartnerMichaelMetzgeroncNBCManagingpartnerRalfphilippHofmnannasguestspeakerinBenEubank'SHRTechpoccastManagingManagingpartnerJimHolzeronthejudgepanelatunleashLasvegasLightningRound2023ManagingpartnerRalfHofmnannatunleashinparistogetherwithRyanwong,CEovisierInc.ACTIVEMINDSETLEADERINTHETECHINDUSTRY(3/3)DEDICATEDANDAARD-INNINGINDUSTRYEXPERTISEM&AAD\VISORA\M&AAD\VISORA\VARDSPANELM&AAD\VISORA\ARDSM&AATLASAVARDSInvestmentBank2021M&AEuropeanInvestmentBanking2022TRUSTEDINDUSTRYPARTNERBestpracticeoperatoroftheyear20202022202320232022AWARDSANDEVENTSVEDAINVESTCORPsituation&objectivesDrakestarservices&supportoutconneVEDAisapioneerintheGermanHRTechMarket,offeringaholisticend-to-endHRsoftwareplatform("VEDAHORIZON")thatwithinwithinoneintegratedsystem.Thecompanycomplementsitsproductofferingbybest-in-classfullservicepayrolloutsourcing.Foundersandmanagementweresearchingforahigh-qualitypartnertoaccompanyvEDAinthenextphaseofitsgrowthjourney.DrakestarorganizedacompetitiveprocessforVEDAtoselectitspreferredpartnerfromarangeoftoptierfinancialandstrategicThedealteamgeneratedextensivetransactiondocumentation,includingacompellingequitystory,afullycomprehensivefinancialmodel,aswellasanelaborationofdifferentgrowthleversVEDA'sleadingpositionasaone-stopshopforHRsoftwaresolutionsandservicesforwithInvestcorpasanewinvestor,Drakestarfoundahigh-profilepartnerforvEDA,whichisnowideallypositionedtoemergeastheleadingHRTechplatformforsMEsintheDACHregion.Drakestarexecutedahighlyeffectiveprocesswithintheenvisagedtimelineexceedingtheexpectationsoffoundersandmanagement.Managementmadeasignificantre-investment,underscoringtheirdedicationtoleadingandexpandingthebusinessgoingforwardincollaborationwiththenewpartner. ww.nACONSOMAJORTYRECAPITALIZATIONOFGL○BALTECHNOLOGYLEADERINHRDOCUMENTMANAGEMENTTHKEENSIGHTCAP1TALsituation&objectivesaconsoistheglobaltechnologyleaderinHRDocumentManagementandinventoroftheDigitalpersonnelFileaconsooffersbest-in-classcloudDMssoftware,DMssoftware,enablingend-to-endautomationDRAKESTARDrakestarservices&supportDrakestarorchestratedahighlycompetitiveprocessthatenabledaconsotochoosetheirpreferredpartnerfromarangeofrenownedfinancialandstrategicinvestors-successfullyexecutedoneofthelargestHRTechtransactionsinDACHinQ32023ThenewpartnershipwithenablesaconsotofurtherleverageitshighlyscalableproductofferingandaccelerateitsinternationalexpansionwithanexperiencedpartnerThesubstantialreinvestmentofthefourco-foundersunderscoresafirncommitmenttofurtherexpandthebusinessincollaborationwithwww.crakeseenotesontestimonialsandendorsementsonslide48.SUCCESSFULTARGETEDPROCESS,W1THALIM11TEDNUMBEROFLOG1CALSTRATEGICANDPEBUYERSDrakestarservices&supportpremiumsaaspurchasemultiple,withfavorabledealtermspremiumsaaspu