People2.0, a Philadelphia, PA-based employer of record (EOR) and agent of record (AOR) services platform, acquired Husys, a Hyderabad, India-based end-to-end HR consulting and EOR services provider.
The amount of the deal was not disclosed.
This acquisition further expands People2.0’s capabilities to service global conglomerates in the India market, while providing Husys with additional capabilities around the world.
For the last 20 years, Husys served 3000+ domestic and international companies with their proprietary HRIS software, ApHusys (HRIS application).
The Husys team, led by GR Reddy, CEO and founder, will be joining People2.0’s regional APAC operations to ensure relational continuity. In the coming months, the company will begin its transition to the People2.0 name and brand.
Led by Erik Vonk, Executive Chairman and CEO, People2.0 is an enabler of global, mobile, flexible, and remote work arrangements. The company’s employer of record (EOR) and agent of record (AOR) establishments around the world, networked by its proprietary FlexLife™ technology platform, create a global ecosystem within which talent suppliers can engage any category of worker in any work arrangement, anywhere, while independently working professionals have access to business support services and portable benefits.
In March, People2.0 announced the acquisition of Abu-Dhabi based EOR/AOR services provider BOTH, expanding its presence to include the MENA market. In April, the acquisition of the Ayers Group in Sydney solidified People2.0’s market leadership position in Australia. Last month, The company expanded its service offerings through the acquisition of the Brookson Group, a UK-based provider of support services to independent contractors.
FinSMEs
29/08/2022