HR Platform HiBob Acquires Financial Planning and Analysis Platform Mosaic

February 25, 2025 – Tel Aviv-based HR tech platform HiBob has acquired cloud-based financial planning and analysis (FP&A) platform Mosaic, subject to closing conditions. The acquisition will enable HiBob to deliver an integrated solution that gives mid-market companies the ability to understand and maximize the productivity and impact of their people.

By integrating HiBob’s people management platform with Mosaic’s FP&A capabilities, organizations will gain real-time insights into how workforce productivity and employee engagement drive business outcomes, increasing efficiency, reducing cost, and fostering stronger alignment between HR and finance teams for better cross-departmental decision-making.

“At HiBob, we’ve always believed that putting people first is how you put business first,” said Ronni Zehavi, CEO of HiBob. “By embedding Mosaic’s planning expertise in our platform, we’re introducing a fully integrated HR and financial planning solution that builds on our existing suite of workforce planning, compensation management, payroll, and analytics offerings. This new, integrated offering will help CFOs embrace a modern, people-first approach to managing their business, turning their workforce from a line item in their P&L into a strategic driver of growth. It marks an exciting step forward in bridging financial performance with human impact, giving managers and executives the visibility and tools they need to maximize their greatest asset: their people.”

“Mosaic was built on the vision of transforming financial planning into a more dynamic, forward-looking process that enables strategic decision-making,” said Bijan Moallemi, CEO of Mosaic. “Joining forces with HiBob enables us to extend that vision to the people side of the business. Together, we’re giving people-first CFOs, CHROs, and CEOs the tools they need to lead with confidence and clarity in an increasingly complex business environment.”

The deal follows HiBob’s 2024 acquisition of Pento, a U.K.-based payroll management platform. “Payroll and HRIS work hand-in-hand with strong synergies. The ultimate goal is an ‘all-in-one’ solution, where all aspects of people management are handled from a single platform,” said Mr. Zehavi. “The deeper the integration, the better the overall experience. Traditional payroll processes are time-consuming, error-prone, and difficult to manage. Modern businesses need their HR and payroll teams focused on people, not on manual work. With this acquisition, we are providing our thousands of customers in the UK with more flexibility and ease of use in how they manage their number one asset – their people. Pento’s modern approach, along with their strong founders and proven track record, make them a solid complement to our business. We are thrilled to be welcoming their team to HiBob.”

“We are incredibly proud of what the Pento team has achieved over the years, and this milestone is no different,” said Jonas Bøgh Larsen, co-founder and CEO at Pento. “We have built the best-in-class payroll offering that modern businesses deserve, and can’t wait to see the opportunities it will unlock when we pair this with the best HRIS on the market. By offering a true ‘all-in-one’ solution, companies will be able to automate the entire payroll workflow from start to finish, saving finance, people, and payroll teams valuable time, and giving employees a much better pay experience. We are thrilled to join HiBob to give our shared customers an integrated offering that is levels above other solutions in the market, and are excited to continue to make payroll stress-free for even more businesses.”

HiBob provides fast-growing companies with the HR capabilities they need to attract, retain and grow today’s workforce. The platform streamlines administrative tasks and improves employees’ experiences with intuitive design and tools that provide company decision-makers with valuable insights that help retain and grow today’s diverse and demanding workforce.

Recent Deals

Hunt Scanlon Ventures has been at forefront of a handful of recent deals in recent months. Here is a look at a few:

Talento Human Capital has acquired R2 Global, a highly respected technology recruitment and staffing firm known for its niche expertise across cloud & data, business systems, and e-commerce. This strategic move will expand TalentoHC’s existing footprint in the technology sector and launch, as well as strengthen, its technology search & staffing service lines. “The combination of TalentoHC’s talent acquisition expertise with R2’s deep technical focus marks an exciting new chapter for both organizations,” said Juan Gaitan, CEO of TalentoHC, based in Coral Gables, FL. “R2’s agile approach to technology staffing and recruiting aligns perfectly with our mission to deliver tailored recruitment solutions. Together, as R2 Powered by Talento, we are positioned to become a premier go-to partner for IT talent and innovation,” he added. “TalentoHC and R2 Global customers will benefit tremendously from the portfolio of human capital offerings that the combined organizations now provide,” said Scott A. Scanlon, CEO and co-founder of Hunt Scanlon Ventures.

Global talent advisory firm ZRG has acquired Aspen Leadership Group, a search firm focused on placing and supporting top fundraising leaders and executive talent in educational institutions and the broader non-profit sector. “The addition of Aspen Leadership Group is nothing short of transformative,” said Larry Hartmann, CEO of ZRG. “Their expertise in development and advancement is the perfect complement to our growing education practice, and as we roll into 2025 we are unlocking the collective power of these exceptional niche businesses under the unified banner of ZRG’s education practice, creating unmatched solutions for academic and non-profit leadership.” Aspen Leadership Group, established in 2013, conducts a wide range of searches across the fundraising, education and non-profit sector and is widely considered the eminent leader in its field. Its clients include Brown University, PBS, Robin Hood, the Humane Society of the United States, the Leakey Foundation, Carnegie Mellon University, and the Denver Zoological Foundation, among others.

Talento Human Capital (TalentoHC) has acquired The PeterSan Group and PeterSan Legal Staffing. The merger brings expertise in legal recruiting to TalentoHC’s customer experience model and comprehensive human capital services, including retained executive search, professional and management recruiting, RPO, staff augmentation, and human capital consulting. Managing partners Peter Gosule, Peter Goldfeder, and Sandy Friedman of The PeterSan Group will lead the TalentoLegal business unit from New York City, where the firm has been rooted for three decades. “The PeterSan transaction fits in well with our platform strategy as we build onto our customer-centric model and expand our industry and functional vertical focus,” said Juan Gaitan, CEO of TalentoHC, based in Coral Gables, FL. “The intersection of these two approaches will create opportunities for continued growth and value for our customers, candidates, associates and shareholders.”

ZRG acquired Jamesbeck, a New York City-based recruitment firm specializing in senior-level talent for the broad investment management community across private market and traditional firms. “This strategic move aims to establish ZRG’s presence in asset management and will support the firm’s existing private markets clients by adding a new channel for senior roles at the management company level across investments, product, and fundraising,” said ZRG. “Jamesbeck has been at the forefront of decisive changes that have impacted asset management leadership for more than two decades,” said Scott A. Scanlon, CEO of Hunt Scanlon Ventures. “The firm’s acquisition by ZRG will be beneficial to clients across the global investment management space who have come to rely on its network, judgment and guidance around senior-level leadership talent,” he noted. Jamesbeck specializes in the investment management industry across public and private markets. The firm recruits senior-level talent across investing, distribution, product and C-suite positions on behalf of a range of clients from boutiques to the largest multi-product organizations. Jamesbeck’s Melissa Norris, managing partner, and Beth Rustin, founding partner, will become the co-heads of asset management search at ZRG.

Related: Hunt Scanlon Media Launches M&A Advisory Service for Recruiters

Contributed by Scott A. Scanlon, Editor-in-Chief and Dale M. Zupsansky, Executive Editor – Hunt Scanlon Media