HR Path Group acquires GroupeX Solutions to strengthen North American presence
HR Path Group, a global leader in human resources and digital transformation solutions, has announced the acquisition of GroupeX Solutions, a well-regarded HRIS consulting firm based in Toronto, Canada. This acquisition marks one of the largest investments by HR Path to expand its presence in North America, enhancing its capabilities in Human Capital Management (HCM).
GroupeX Solutions, recognized for its expertise with platforms like SAP SuccessFactors, UKG, WorkForce Software, and Dayforce, has been a key service provider to leading companies across various industries. This acquisition not only expands HR Path’s geographical footprint but also enriches its consulting practice, strengthening its position as a leader in the North American HCM market.
François Boulet, President of HR Path, emphasized the strategic importance of this acquisition. “Canada has been pivotal to our global expansion since our first move there in 2011. With previous acquisitions like AvenueHR and InTalent, and now GroupeX, we solidify our leadership in North America’s Human Capital Management,” said Boulet. He highlighted the acquisition as a testament to HR Path’s commitment to delivering top-tier HR solutions globally.
Frédéric Van Bellinghen, Partner at HR Path, expressed his enthusiasm for welcoming the GroupeX team. “Having known GroupeX for many years, I’m thrilled to integrate their skilled team with ours, driving our collective success forward,” stated Van Bellinghen.
Theo Smith, Co-CEO & Founder of GroupeX, shared similar sentiments about the merger, noting the alignment in values and vision between the two companies. “Joining HR Path allows us to diversify our service offerings and leverage HR Path’s global presence to deliver an extended array of services to our clients,” said Smith.
Farhan Khan, Co-CEO of GroupeX, highlighted the benefits for their team, including broader career opportunities and the ability to contribute to a larger scale operation. “Our team will benefit from access to a broad array of career opportunities and the chance to collaborate with a large global team committed to delivering outstanding outcomes for our clients,” Khan added.
HR Path, headquartered in Paris, France, specializes in enhancing HR efficiency through its three core business lines: Advise, Implementation, and Run. Founded in 2001, HR Path has grown to employ approximately 3,000 professionals across 22 countries, boasting an annual revenue of €215 million as of March 31, 2024.
GroupeX, also founded in 2001, has established itself as a leader in the Canadian SAP services ecosystem, providing not only implementation services but also on-demand consulting support and advisory services across North America and beyond.