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Japan – Bain Capital weighs HR software firm sale at $2 billion valuation (Bloomberg)

13 September 2022

Bain Capital, an investment firm that owns a majority stake in House of HR, is exploring options for Works Human Intelligence Co. including a potential sale that could value the Japan-based human resources software developer at as much as USD 2 billion, reports Bloomberg citing sources familiar with the matter. The firm is working with an adviser on the potential transaction and has started reaching out to prospective buyers, said the source, who asked not to be identified discussing private information. Bain could sell its entire or partial stake in Works Human Intelligence. Founded in 1996 as Works Applications Co., the Tokyo-based Works Human Intelligence, aims to simplify hiring and staffing work and offers software for payrolls, attendance management, talent management and an HR chatbot.