Business Daily Media

Humanforce founder and MD Bruce Mackenzie exits after 20 years at the helm



Bruce Mackenzie, thefounderand Managing Director of global workforce management technologycompany,Humanforce, today announced hewasexiting the business after selling his substantialremainingstake to Silicon Valley based private equity firm Accel-KKR. 

 

Mackenzie, who set up the business in 2002 and bootstrapped the venture for 17 years, exits with an eight-figure settlement after selling his remaining stake to Accel-KKR. 

 

“After twenty years in thetopjob,the time was right tofind a new challenge – something I’m very much looking forward to later this year,” he said. 

 

“I set up the business at a time whenhumanworkforce management techniques still used pad and pencilor Excel at best,whilestaff had to physically clock on and off and workers were paid in cash." 
 
“I’m incredibly proud to walk away from a business in such great shape. It’s an amazing company, with a top team. The Humanforce  SAAS solution is  being used across the globe and helps create better workplace outcomes for millions of people. 
 
“The gig economy is here to stay andHumanforceis ‘front andcentre’ of that movement.” 
 
Humanforceis a SaaS workforce management solution for contingent workforces that includescoreHR, time and attendance, rostering, employee availability and payroll data to manage and engage employees.It has clients all over the world including throughout Australia, Europe,Asiaand North America. 
 
MrMackenzie said he would take a short professional break before starting his next venture. 
 
“There’s no rest for the 'driven'. I reckon I’m good for about three months off before I begin to get itchy feet,” he said. 
 
“My golf game is not that good to warrant a long period of time on the sidelines.I already have an idea for my next venture, and I look forward to working on that when the time is right,” he said. 

Business Today

Malaysia Airlines Launches Bonus Side Trip Campaign

Malaysia is ready to safely welcome back the influx of international travellers looking to explore its beautiful sights and natural wonders, as it reopened its borders on 1 April 2022. To further ignite the spirit of travel, M...

Business welcomes an Albanese Labor government

Australia’s largest employers congratulate Labor leader Anthony Albanese on his election as Australia’s 31st Prime Minister, Business Council chief executive Jennifer Westacott said. “Business congratulates Labor on it’...

Company attracts key FMCG experts to drive global growth

Food and beverage industry entrepreneur Scott Mendelsohn has signed on to assist authentication and customer insights platform Orijin Plus to build its premium brand portfolio ahead of launching into international markets late...

1 in 6 US kids are in families below the poverty line

The official child poverty rate is about the same today as in 1967.More Than Words Photography by Alisa Brouwer/Moment Open via Getty ImagesCC BY-NDIn the United States, children are more likely to experience poverty than people o...

Hunt and Brew launches Australia-first cold brew coffee

Australian boutique coffee maker Hunt and Brew has announced it will be sourcing the beans for its new “Australia” cold brew coffee from far north Queensland in a move that will make the company one of the largest buyers of ...

What you need to know about the Defense Production Act – the 1950s law Biden invoked to try to end the baby formula shortage

Biden invoked the Defense Production Act to help end the shortage of baby formula. AP Photo/David J. PhillipU.S. President Joe Biden on May 18, 2022, announced he is invoking the Defense Production Act to help end the shortage of ...

Business Daily Media Business Development

Malaysia Airlines Launches Bonus Side Trip Campaign

Malaysia is ready to safely welcome back the influx of international travellers looking to explore its beautiful sights and natural wonders, as it reopened its borders on 1 April 2022. T...

Business Daily Media - avatar Business Daily Media

Business welcomes an Albanese Labor government

Australia’s largest employers congratulate Labor leader Anthony Albanese on his election as Australia’s 31st Prime Minister, Business Council chief executive Jennifer Westacott said. ...

Business Daily Media - avatar Business Daily Media

Company attracts key FMCG experts to drive global growth

Food and beverage industry entrepreneur Scott Mendelsohn has signed on to assist authentication and customer insights platform Orijin Plus to build its premium brand portfolio ahead of l...

Business Daily Media - avatar Business Daily Media

the supermarket business model is too fragile to shield customers from rising food prices

Shutterstock/photocriticalFood prices, like almost everything else, are rising fast. There have recently been warnings of “apocalyptic” costs, and a declaration that the “e...

Lisa Jack, Professor of Accounting, University of Portsmouth - avatar Lisa Jack, Professor of Accounting, University of Portsmouth

How soaring inflation can be particularly harmful for young people

Shutterstock/SpeedKingzInflation rates have become almost impossible to ignore. In the UK, inflation has soared in recent months, now reaching 9% – the highest rate for 40 years. The B...

Shampa Roy-Mukherjee, Associate Professor in Economics, University of East London - avatar Shampa Roy-Mukherjee, Associate Professor in Economics, University of East London

it won't control interest rates and inequality will widen

The UK local elections in May saw gains for nationalists in Scotland and Northern Ireland, raising the prospect of increased debates over the future make-up of the country. In Scotland, Firs...

Eoin McLaughlin, Senior Lecturer in Economics, University College Cork - avatar Eoin McLaughlin, Senior Lecturer in Economics, University College Cork



NewsServices.com

Content & Technology Connecting Global Audiences

More Information - Less Opinion