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SWK ACQUIRING HCM RESELLER Featured

SWK Technologies is buying a Sage HCM reseller. The East Hanover, N.J.-based VAR said it has signed an agreement to buy the HCM division of Chicago, Ill.-based PeopleSense.

Terms were not disclosed for the deal, which is expected to close in the June quarter. PeopleSense continues to sell PeopleSense ERP, which is designed for machine-to-machine and intuitive manufacturing. SWK. noted it created an HCM division in 2018, which it says has become one of the company’s fastest-growing division. SWK’s other offerings in the software segment are Ascentis, ScissorTail HCM, Workforce Go. It also has a program to connect clients to ADP’s Workforce Now.

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