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Quick Takes — January 16, 2007

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1. UnicornHRO Acquires Developer of Open-Source HR Software
BMH specializes in hosted services for HR, payroll.

2. Bond Snaps Up Six-Year-Old Gowi in $17.5 Million Deal
The two companies aim to provide integrated software for HR, payroll.

3. Watson Wyatt Eyes Brans & Co.

4. Insurance Broker Deepens Offerings With Employee Benefits Firms
Also included is niche employee benefits company Thinc USA.

5. Mercer, Heidrick & Struggles Complete Transactions
Robust Asia-Pacific markets are drawing the interest of larger U.S. consulting firms.

6. Employment Losses Not as Great as in 2005
Even so, the automotive, chemical and media sectors were rocked in ’06.

7. Survey: U.S. Firms Are Best at Developing Leaders
GE ranks first, with four other U.S. multinationals rounding out the top five.

8. Quick Takes — January 9, 2007

Related Topics

Mergers and Acquisitions

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Watson Wyatt Eyes Brans & Co.

The buyback of its alliance partner would continue a string of deals for the Washington-based HR consultancy.
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Watson to Reacquire Partner: Washington HR consultancy Watson Wyatt Worldwide plans to acquire its partner in the Netherlands sometime during the first quarter of 2007, according to the Washington Business Journal. Although declining to release details of the proposed transaction, Watson Wyatt’s acquisition of Watson Wyatt Brans & Co.—created when its Dutch office merged with Dutch actuarial consultant Brans & Co. for $37 million in 1999—continues a string of deals. Last summer it bought boutique compensation company Briggs & Sands, while in 2005 it acquired Davis, Conder, Enderle & Sloan, a Chicago-based actuarial and retirement benefits consulting firm.

—Garry Kranz

Next Article: 4. Insurance Broker Deepens Offerings With Employee Benefits Firms
Also included is niche employee benefits company Thinc USA.

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