Everfield acquired AGroup, a leading provider of HR digitalization services in the Baltic region, to enhance its portfolio and capitalize on the growing demand for effective workforce management solutions.
Information on the Target
AGroup is a prominent provider of HR digitalization services and tools operating in Latvia, Estonia, Lithuania, and Poland. The company specializes in offering tailored solutions to multinational enterprises with dispersed workforces, gaining recognition through its flagship product, HRB Portal.
HRB Portal facilitates the effective management of complex workforces, featuring capabilities such as payroll management, human resources administration, time and attendance tracking, extended workforce management, soft HR modules, and customizable workflow integration. AGroup's offerings are designed to streamline HR processes for organizations employing between 20 and 10,000 staff, allowing clients to enhance efficiency, reduce costs, empower employees through self-service options, and maintain compliance with local regulations.
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Industry Overview in the Target’s Specific Country
The HR digitalization sector in the Baltic region, particularly in Latvia, is experiencing significant growth as companies continuously seek efficient management tools for the
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Everfield
invested in
AGroup
in 2023
in a Buyout deal