Banyan Software, a leading acquirer and permanent home for enterprise software businesses, is pleased to announce the acquisition of HR4 Ltd., an all-in-one HR and compliance platform purpose-built for the automotive dealership industry.
Founded in 2017 by Heather Macpherson, a visionary leader in HR technology, HR4 streamlines hiring and workforce management, reduces turnover, addresses skill gaps, and ensures compliance through deep industry expertise, automation, and seamless integrations. The platform addresses the entire employee lifecycle of industry-specific HR needs, including scheduling, time tracking, onboarding, recruiting, compensation management, performance management, forms, workflows, data-driven reports, and centralized employee records. HR4 provides a scalable solution supporting dealerships of all sizes, from single-location operators to large dealership groups.
“HR4 has built an exceptional platform to attract, onboard, train and retain talent at auto dealerships. It’s a simple and more cost effective platform that streamlines and replaces several disparate technology tools, and makes life easier for dealerships to find and grow their teams. We are grateful to be HR4’s permanent home, and excited to support the company’s already rapid growth.”
Tristan Jordan • Operating Partner at Banyan Software
“HR4 was born out of a real need I saw firsthand in the auto industry: better tools to manage people, stay compliant, and reduce the pain of high turnover. I’m incredibly proud of the team and the platform we’ve built, and I’m excited to partner with Banyan to keep scaling our impact. Their long-term mindset and commitment to our customers and employees make them the right home for HR4.”
Heather Macpherson • Founders of HR4
About HR4
HR4 Ltd. is a Canada-based provider of HR and compliance management software built specifically for the automotive dealership industry. Since launching in 2017, HR4 has grown to serve nearly 1,000 dealerships across North America. The platform offers a complete solution that simplifies workforce management, supports compliance, and improves retention in high-turnover, operationally complex environments. For more information, please visit hr4.com
About Banyan Software, Inc.
Banyan Software provides a permanent home for successful enterprise software companies, their employees, and customers. We acquire and grow exceptional software businesses worldwide, helping them thrive in niche markets over the long term. Founded in 2016, Banyan uses a buy-and-hold-for-life approach with a permanent capital base to honor and preserve founder legacies. As a purpose-driven company, we are committed to making an enduring impact on our companies and communities. Banyan is one of North America’s fastest-growing private businesses, with offices in the US, Canada, the UK, EU, and APAC.
Source: Banyan Software
