The shareholders of Horoquartz have sold the company to Japan-based Amano for US$73 million. The deal involved 100% cash at completion.
Horoquartz is a market leader in time and scheduling software solutions, offering companies and public organizations agile tools necessary to facilitate the relationship between the employer and its employees.
Amano offers a diverse range of solutions for the effective use of human resources, from the basic time recorders to the latest network attendance management systems. Amano will support Horoquartz's expansion in Europe taking advantage of the technology in Japan.
Oaklins' team in France advised the seller in this transaction.
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