People2.0 Acquires HR Consulting and EOR Services Provider, Husys

Updated on: 3 September 2022 3:34 pm

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People2.0, a global employer of record (EOR) and agent of record (AOR) services platform, has acquired Husys, an India-based end-to-end HR consulting and EOR services provider. This latest acquisition further expands People2.0’s capabilities to service global conglomerates in India while providing Husys with additional capabilities worldwide.

The Husys team will join People2.0’s regional APAC operations to ensure relational continuity and guide clients in leveraging People2.0’s global resources. In the coming months, Husys will begin its transition to the People2.0 name and brand. Further details of the deal were not disclosed.

“Not only is it an honor to partner with an experienced and proven EOR services provider like Husys, but it signifies another important step in our mission to be recognized around the globe as the leading enabler of flexible and mobile work arrangements,” said Erik Vonk, executive chairman and CEO of People2.0.

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“Having just celebrated our 20th anniversary, we have been reflecting on how far Husys has come and the opportunities we have ahead of us in the ever-changing world of work,” said GR Reddy, CEO and founder of Husys.

The transaction marks People2.0’s fifth acquisition in the past year as it continues to expand its global footprint and suite of EOR and AOR services. In March, it acquired Abu-Dhabi-based EOR/AOR services provider BOTH, expanding its footprint to include the growing MENA market. In April, it acquired Ayers Group in Sydney, while last month, it acquired Brookson Group, a UK-based provider of support services to independent contractors.

People2.0 is an enabler of global, mobile, flexible, and remote work arrangements. Its EOR and AOR establishments, networked by its proprietary FlexLife technology platform, create a global ecosystem within which talent suppliers can engage any category of worker in any work arrangement, anywhere.

At the same time, independently working professionals can access business support services and portable benefits. Global workforce deployment is facilitated through a single master services agreement and one point of contact.

Hyderabad-based Husys introduced an end-to-end HR department outsourcing for small-to-medium sized companies. Over the past two decades, it has served over 3000 domestic and international companies with its proprietary ApHusys HRIS app.