Read CFI’s Human Capital Management M&A Pulse Q2 2020


Global M&A transaction volume within staffing, outsourcing services and software and technology industries (collectively, “Human Capital Management” or “HCM”) in the first half of 2020 declined 38% from last year. The impact of the COVID-19 pandemic and related shutdowns resulted in a sharp decline in Q2 2020, with many deal processes delayed as buyers wait out the current uncertainty.

Strategic buyers continued to dominate M&A activity in the sector, accounting for 92% of industry transactions. Staffing-related transactions comprised the majority of HCM deals. All sectors of the HCM industries were adversely impacted by COVID-19 in 2020, all were down from H1 2019 M&A activity levels.

North America remained the most active region in H1 2020, while the EMEA region increased as a percentage of global volume (38% from 31% last year).

During times of crisis and uncertainty, good leadership is critical. In this report, staffing expert Tom Kosnik shares his insights on leadership as well.

Find out more in the latest issue of CFI’s Human Capital Management M&A Pulse – United States – Q2 2020


News & insights

See all news & insights

US Transportation & Logistics Pulse Q4 2025
News articles

US Transportation & Logistics Pulse Q4 2025

Read more
Insights from BioChina 2026
News articles

Insights from BioChina 2026

Read more
2026: M&A review for Digital Agencies in the Benelux
News articles

2026: M&A review for Digital Agencies in the Benelux

Read more
How can we help you?
Scroll to Top