HR Path acquires Mexican firm Pay Human Group
PARIS, FRANCE — HR Path, the Paris-based HR solutions company, has announced its acquisition of Pay Human Group, marking a strategic expansion into the Latin American market.
While specific details of the transaction remain confidential, the deal strengthens HR Path’s position in the region, particularly in Mexico and Colombia.
Strategic market position and growth
HR Path, with annual revenue of $220 million, currently serves over 3,000 clients across 22 countries with a workforce of approximately 2,000 employees. The company specializes in comprehensive HR solutions, including strategic consulting, HRIS implementation, and HR software distribution. This acquisition aligns with HR Path’s three core business lines: Advise, Implement, and Run (AIR).
Pay Human Group, on the other hand, brings 27 years of expertise in payroll management and HR consulting to the table. The Mexican firm is known for delivering secure and adaptable solutions tailored to client requirements.
The merger follows HR Path’s acquisition of IN-RGY, a Canadian HR consulting firm specializing in digital transformation. This move strengthens HR Path’s position in the North American market and expands its global reach.
Regional leadership and integration
“Pay Human Group’s leadership in Mexico & Colombia, combined with their deep expertise and commitment to excellence in BPO (Business Process Outsourcing), aligns perfectly with our strategy to offer the best HR solutions and services worldwide,” said François Boulet, co-founder and CEO of HR Path.
“Together, we will continue to innovate and provide unmatched service, enabling our clients to access our AIR services in even more countries.”
Partner Frédéric Van Bellinghen highlighted the synergy between the companies, noting that Pay Human Group’s mission aligns with HR Path’s commitment to delivering outstanding client experiences.
“Together, we will continue offering specialized consulting, operational payroll efficiency, adaptability, technology, and robust security, so our customers can focus on growing their business, equipping them with the tools needed to succeed in today’s fast-changing business environment.”