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Raet completes the acquisition of international HR cloud provider RH Pro

07 January 2015

Raet has successfully completed the acquisition of Latin American HR cloud provider RH Pro with a festive signing ceremony. In doing so, Raet has taken its next step in its development as an international HR cloud provider.

The acquisition of RH Pro was announced in December 2014. RHPro is a leading Latin American provider of cloud-based HR and payroll solutions for 15 countries. RH Pro delivers software to international companies that are active in Latin America.

Raet and RH Pro

Kobe Verdonck, CEO of Raet: “This acquisition will enable Raet to serve its customers internationally. We will bundle the strength of Raet's HR cloud technology with RH Pro's multi-country technology. This will enable us to make our HR cloud technology available throughout Europe as well, much faster.” Mauricio Heidt, CEO of RHPro: “We are really proud to join the Raet family. We strongly believe that our joint offering will strengthen our position and will further enrich the value we deliver to our customers.”

International growth strategy

The acquisition of RH Pro by Raet is in keeping with Raet's international growth strategy. The company, which is headquartered in the Netherlands, now also has offices in Argentina and Peru and it intends to open further offices in southern Europe and in Belgium in the near future. Kobe Verdonck: “Our international strategy mirrors the extensive internationalization and the increasingly flexible character of organizations and their workforces today. Our cloud software enables people to arrange their own HR affairs, on any device, where and when they please.”

About RH Pro

RH Pro is a leading Latin American HR cloud player with more than 300,000 daily users. RH Pro offers flexible, easy to use and reliable HR and payroll applications. The company has 63 employees and has its registered headquarters in Buenos Aires, Argentina. www.rhpro.com

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