HR Path's Strategic Acquisition of Lumi Enhances Global HR Solutions Power
HR Path's Strategic Move in the HR Landscape
HR Path, a leading global player in HR consulting and HRIS solutions, recently announced a significant development that aims to solidify its presence in the international market. The company has successfully acquired Lumi, a US-based firm renowned for its expertise in Workday integrations. This strategic acquisition marks a new chapter for HR Path as it looks to expand its reach and offerings in an increasingly competitive industry.
Founded in 2001, HR Path has established itself as a trusted partner for organizations navigating the complexities of human resources. With a footprint spanning 28 countries and a dedicated workforce of over 2,500 professionals, the company provides a comprehensive suite of consulting, implementation, and managed services designed to optimize HR processes and drive business growth.
On the other hand, Lumi, founded in 2017 by Chase Zollinger and Matt Dobbs, focused on delivering exceptional consulting services to Workday clients, ensuring they fully leverage the value of their Workday investments. The company quickly gained a reputation for delivering high-quality services at fair prices, garnering trust from diverse clients across various industries.
The acquisition of Lumi is not just a strategic milestone for HR Path; it serves to reinforce its position as a leader within the HR industry while enhancing its presence in the US market. The incorporation of Lumi's Workday integration expertise aligns perfectly with HR Path's mission to foster the growth and performance of businesses through strategic HR initiatives.
François Boulet, Founding Partner at HR Path, expressed enthusiasm regarding the acquisition, stating, "The purchase of Lumi, known for its Workday expertise, is a strategic move that strengthens our ambition to become the global benchmark for HR transformation. We are also excited to welcome two young partners whose presence will energize our entrepreneurial spirit and further strengthen our group."
Marie-Soleil Boucher, another Partner at HR Path, added, "We are thrilled to welcome the Lumi team, as their integration with our company enhances our Workday capabilities in North America and expands our footprint in the region. We are eager to provide Lumi's clients with the full array of services that HR Path already offers globally."
Chase Zollinger, Co-Founder of Lumi, shared his excitement by stating, "We are looking forward to this new chapter! This transition opens up new opportunities for our team and clients. Now we can offer an expanded service array, access to a larger talent pool, and the support of a global partner, putting us in a strong position for continued growth and long-term success in the market. Lumi remains committed to delivering exceptional service while we accelerate and evolve new opportunities within HR Path."
In conclusion, HR Path's acquisition of Lumi is anticipated to foster enhanced service delivery in the realm of HR solutions. By combining the strengths of both companies, they are poised to offer an unprecedented level of expertise to clients, ultimately driving success in their human resource management endeavors.
This strategic acquisition reflects HR Path's continued commitment to evolving and improving HR services worldwide, reinforcing its stature as a global leader in transforming HR practices and meeting the diverse needs of businesses in today’s dynamic environment.