ManpowerGroup Gains $9.4M Stake Boost and Launches EXCELERATE AI Healthcare Partnership
Stonehill Capital increased its ManpowerGroup stake by $9.41 million, buying 316,522 shares in the fourth quarter as shares have tumbled 56% year-over-year. ManpowerGroup’s Experis unit launched the EXCELERATE AI partnership with SoundHound AI to offer and co-sell agentic conversational AI and automation solutions, initially targeting US healthcare organisations.
1. Stonehill Capital Increases Stake
In the fourth quarter, Stonehill Capital purchased 316,522 ManpowerGroup shares, raising its position by $9.41 million. The acquisition follows a 56% year-over-year decline in the stock and represents a notable institutional investment ahead of the company’s next financial updates.
2. Experis Unveils EXCELERATE AI Partnership
ManpowerGroup’s Experis division signed an exclusive partnership with SoundHound AI to integrate its agentic conversational AI and Autonomics platforms under the EXCELERATE AI portfolio. The collaboration will initially focus on US healthcare applications—including patient access, contact centres and IT service desks—to automate complex user queries and streamline enterprise operations.