人才招聘软件市场动态

0101HOULIHAN LOKEY OVERVIEW Global Leadership Team Built to Advise HCM Platforms3Software/SaaSData andAnalyticsTech-EnabledServicesHCMTalentAcquisitionCore HRTalentManagement40+Completed or announced HCMtransactions since the start of2018.*Global HCM Sector Team...…Covering the Entire HCM EcosystemSascha PfeifferManaging DirectorHead of EuropeanTechnology GroupKevin WalshManaging DirectorAdrian ReedManaging Director15+Dedicated HCM team membersbased in New York, London,Frankfurt, and San Francisco.Ted SullivanDirectorMatt ShoreAnalystJames GrundyVice PresidentMarco SolleAssociate*Selected transactions were executed by Houlihan Lokey professionals while at other firms acquired by Houlihan Lokey or by professionals from a Houlihan Lokey joint venturecompany.Gage FeldeisenAssociate GlobalSingle specialized HCM practiceacross the world. Houlihan Lokey: A Global Technology Advisory Leader4Global ReachOne P&LLos AngelesHQGlobal Offices36$10.9B Market Cap(1)M&A FinancialProfessionals~2,000INDEPENDENT ADVICE | DEEP SECTOR COVERAGE | HIGH-TOUCH EXECUTIONNo. 1 Tech M&AUnparalleled AccessRankAdvisorDeals1892763684635592023 M&A Advisory RankingsAll Global Technology Transactions(2)150+Tech TeamMembers30SubsectorsCoveredFinancial SponsorsStrategicsSource: Mergermarket.(1)As of August 30, 2024.(2)Source: LSEG (formerly Refinitiv). Excludes accounting firms and brokers.(3)Source: PitchBook. Excludes accounting firms and brokers. Houlihan Lokey Is a Thought Leader in HCM5Houlihan Lokey has proven, global expertise in HCM software.THOUGHT LEADERSHIPEVENTSTOPICAL Q&A•Specific subsector Q&A to highlightmarkets Houlihan Lokey is active in.REGULAR MARKET UPDATE•Multiple market update presentationshighlight unique subsectors withinHCM.•Unique content and market insights.GTC23 PANEL AND ONE-ON-ONES•HCM panel held highlighting fourindustry leaders—From Code toCulture: Software TransformingWorkforce Management.SECTOR DINNER | LONDON•Mix of PE and strategic attendees.•Facilitated discussion covering thelatest takes on the payroll and EORindustry and investment trends. MEDIA RELATIONS•Proven content and events highlightmedia partnerships.INDUSTRY CONFERENCES•October 16–17, 2024:Unleash Paris•September 24–26, 2024:HR Tech in Las Vegas•June 23–26, 2024: SHRM Chicago Houlihan Lokey Is a Leading Global HCM Advisor6Track record of advising U.S. and European businesses across future of work, collaboration, workforce management, and ERP.Key ThemesWorkforceRetentionCollaboration andCommunicationFuture of WorkTombstones included herein represent transactions closed from 2016 forward.*Selected transactions were executed by Houlihan Lokey professionals while at other firms acquired by Houlihan Lokey or by professionals from a Houlihan Lokey joint venture company.Deal Metrics$200M+Average Deal Size~9.0xAverage Revenue MultipleEmployeeExperienceDigitalTransformation~$25.0MAverage Revenuehas acquiredandfromBuyside Advisorhas been acquired bySellside Advisorhas been acquired bySellsideAdvisor*has merged withFinancial Advisor*a portfolio company ofreceived a majority investment fromFinancing Advisor* has been acquired bya portfolio company ofSellside Advisorgrowth financing led by$58,000,000Financial Advisor*has received an investment fromSellsideAdvisor*has acquiredFairness Opinionhas been acquired bySellsideAdvisor*a portfolio company ofhas completed a refinancingFinancing Advisor Signs of Stress Emerging: Macro Backdrop for Talent Acquisition9Federal Funds Effective RateNonfarm Employees(1)vs. AverageHourly Earnings(2)Unemployment RateTotal Nonfarm Job Openings vs.Hires(3)Softening labor demand has decreased JobOpenings meaningfully, while Job Hires haveremained somewhat stable.Federal Funds Rate has stabilized at 5.3% after arapid increase in 2022–2023 as the U.S. fightsinflation.Spending power has decreased with inflation aspayrolls continue to rise.Unemployment has crept up 60 basis points sinceAug-22 but remains near all-time lows.5.3%Aug-22Aug-23Aug-24Initial Jobless ClaimsRecent uptick in Jobless Claims highlights ratesimpact.Key Takeaways•Rising unemployment rate underscoresthe need for leading talent acquisitionsolutions to handle more applicationsefficiently, giving recruiters more time tofocus on high-value activities.•Talent assessment vendors will benefit asfirms face hiring constraints, an expandinglabor pool, and increased pressure toselect the “right” candidate.•AI-driven talent acquisition tools havebecome essential for HR success, enablingbetter candidate selection and recruitmentprocesses.Sources: FRED Economic Data, company annual reports, company earnings calls.(1)Total Nonfarm Employees are shown in Thousands.(2)Employee Earnings are nominal and presented as a YoY % Change.(3)Job Openings and Hires shown in Thousands.158,7793.8%Aug-22Aug-23Aug-24Total Nonfarm EmployeesAverage Hourly Earnings YoY % ChangeAug-224.2%Aug-22Aug-23Aug-247,6735,521Jul-22Jul-23Jul-24Total Nonfarm JobOpenings Aug-23 227,000Aug-24 Favorable