HR Path, a Paris, France-based IT consultancy and service provider for large human resources information systems, received a €5m investment.
Backers included Ardian and Societe Generale Capital Partenaires.
The investment will provide HR Path with the means to further develop on the Human Resources Information System (HRIS) market and reorganize its shareholding around the management. It will also support the Group’s organic and external growth strategy in France and abroad.
Founded in 2001 by François Boulet and Cyril Courtin, HR Path provides clients with solutions to manage all HR administrative and strategic issues (payroll, talent management, budget planning…).
The group offers a full range of services across five continents, from system selection and integration, to maintenance and outsourcing.
It is a licensed retailer for SAP, Sopra/HR Access, Oracle, Sage, Talentsoft and Cegid.
HR Path has over 400 employees and an annual turnover of €45m, a presence throughout France, along with international subsidiaries across Europe and North America.
Clients include large listed companies, SMEs and public sector organizations.