Upwork Acquires Bubty and Agrees to Acquire Ascen
August 6, 2025
Upwork announced the acquisition of Bubty and a signed definitive agreement to acquire Ascen, integrating both into a new stand-alone, enterprise-focused contingent workforce business. The deals expand Upwork’s capabilities beyond independent contractors to include workforce management, employer-of-record (EOR) and staff augmentation services for enterprise customers.
- Buyers
- Upwork
- Targets
- Bubty, Ascen
- Industry
- Staffing & HR
- Location
- United States; Netherlands
- Transaction Type
- Buyout
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