“We are looking to expand into more Latin American countries and the acquisition of People First is obviously a relevant step in that direction,” said Ignacio Spiniak, CEO of Talana.
Talana, a Chilean company focused on technology for human resources management and automation, announced the acquisition of People First, a firm specializing in organizational development.
This addition will allow Talana to expand into markets such as Colombia, Ecuador, Panama and the Dominican Republic, where People First already operates, in addition to adding around 120,000 new users to its platform.
“We are looking to expand into more Latin American countries and the acquisition of People First is obviously a relevant step in that direction,” said Ignacio Spiniak, CEO of Talana.
Spiniak highlighted that this integration will complement Talana's offering, since "they are specialists in organizational development and have a very complete and configurable technological platform."
The process of rapprochement between the two companies began during the first half of this year thanks to a common contact.
After months of negotiations, the operation was completed in early December.
In addition to the technology transfer, 13 members of the People First team, including founder Rodrigo Garib, will join Talana . Garib will also become a shareholder in the Chilean company.
SUSTAINED GROWTH
Founded in 2016 by Pablo de la Barra and José Antonio Akel, Talana specializes in software to digitize processes and improve communication between companies and workers.
Following its sale to the Venturance fund in 2021, the founders left the company, and in June 2023 Spiniak took over as CEO after a decade-long career at Linzor Capital.
According to the executive, the company is undergoing an expansion phase with a portfolio that includes 6,000 corporate clients and a growth rate of 90 companies per month.
“We have grown incredibly well. We are reaching half a million users in Chile and we have doubled our size in Peru,” he said.
This year, Talana’s advancement focused on multiple areas. They developed an ecosystem of digital solutions by integrating modules with specialized partners covering services such as healthcare, shift scheduling, and salary advances.
They also implemented training programs related to recent labor regulations, such as the 40-Hour Law and the Karin Law.
Spiniak also announced that before the end of the year they could finalize the acquisition of a new startup, reinforcing their commitment to the continuous improvement of the human resources platform.
With this recent operation, Talana takes a firm step in its digital transformation, bringing its solutions to more markets in Latin America and consolidating its position as a benchmark in the sector.
