beqom Acquires Our Tandem

Sumeru Equity Partners Makes Majority Investment in beqom

April 12, 2022

Cloud & SaaS

beqom, a Switzerland-based provider of cloud compensation management software, received a $300 million strategic majority investment led by Sumeru Equity Partners (Fund IV) alongside limited partner co-investors. The capital will be used to accelerate product innovation and scale beqom’s global customer base; the transaction is expected to close in Q2 subject to customary conditions.

Phenom Acquires Tandemploy

February 3, 2022

Cloud & SaaS

Phenom acquired Berlin-based HR tech company Tandemploy to enhance its AI-powered Talent Experience Management (TXM) platform and add internal mobility and talent-matching capabilities. The deal establishes a second German office for Phenom and expands its European footprint while transitioning Tandemploy's team, including its co-founders, into Phenom.

Vensure Employer Solutions Acquires Tandem HR

July 30, 2024

Staffing & HR

Vensure Employer Solutions, a privately held HR/HCM technology and services provider headquartered in Chandler, Arizona, has acquired Westchester, Illinois–based Tandem HR, a full-service PEO and benefits brokerage. The acquisition expands Vensure’s PEO capabilities and Midwest footprint, adding Tandem’s client base (servicing over 20,000 worksite employees) and complementary HR services to Vensure’s platform.

Shore Capital Partners Invests in Tandem Family of Companies

January 27, 2021

Staffing & HR

Chicago-based private equity firm Shore Capital Partners has made an investment in the Tandem Family of Companies, a nationwide HR technology and solutions provider comprised of Tandem HR, Benefit Solutions Group, Alliance Workplace Solutions, and Workplace Solutions. The partnership will support Tandem’s growth through investments in technology, expanded products and services, and geographic expansion, with industry executive Greg Slamowitz joining the board as a material equity co-investor.

Celero Commerce Acquires Elmhurst Financial Services and Tandem Innovative Payment Solutions

June 18, 2019

Payments & Fintech

Celero Commerce acquired Elmhurst Financial Services and Tandem Innovative Payment Solutions to expand its distribution and technology capabilities for financial institutions and SMB merchants. The transactions strengthen Celero's payment processing, business management software, and technology offerings and extend its service footprint to approximately 25,000 merchants and ~$10 billion in annual payment volume.

Employer.com Acquires Bench Accounting

December 30, 2024

Accounting & Tax

Employer.com has acquired Bench Accounting, the bookkeeping and tax SaaS provider that recently suspended operations, in a deal intended to restore platform access and continuity for Bench customers. Employer.com said customers will retain their existing bookkeepers and platform access while Employer.com integrates Bench's bookkeeping capabilities into its workforce management and financial services offering.