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The Rec Tech Acquisitions of 2020

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It’s probable that Covid accelerated the acquisition market when it comes to HR and recruitment tech so I wanted to recap what happened this year when it comes to mergers and acquisitions in our industry.

I have tracked at least 41 such acquisitions this year via the HRtechfeed.com news site that we operate here at Rec Tech Media. In the first 6 months of the year there were 16 transactions but from July through december there were 25 of them. What we are seeing now are the major recruiting software companies in an arms race to become a single point solution to solve all your recruiting problems.

One note, these are mainly the US based companies.

DECEMBER 

  • Recruiter.com acquired OneWire

  • ICIMS acquires Altru Labs

  • Phenom acquires Endouble

  • Cielo acquires talentFunction

NOVEMBER

  • Vonq acquired IGB

  • Vettery acquires Hired.com

  • Outmatch acquires Checkster

  • ICIMS acquires EASYRECRUE

  • Paylocity buys Samepage

  • SmartRecruiters acquires Jobpal

  • Top Echelon Acquires CATS

OCTOBER

  • Outmatch acquires FurstPerson

  • Justworks acquires Boomr

  • Hirevue acquires AllyO

  • Paycor acquires 7geese

SEPTEMBER

  • Phenom acquires MyAlly

  • Jobvite Acquires Talentegy

  • CareerBuilder Sells Off TextKernel

  • Outmatch acquires LaunchPad

AUGUST

  • Job.com buys HireVergence

  • Indeed acquires Zapinfo

JULY

  • ModernHire acquires Sonru

  • Circa acquires Americas Job Exchange

  • Jobvite acquihires Predictive Partner

  • Papaya Global acquires Mensch

JUNE

  • None

MAY

  • Oyster Acquires Carrom

  • Timecentric acquires TimeRack

  • Uncubed acquires Finalist

  • Terminal acquires ROIKOI

APRIL

  • RecruitRooster acquires RocketBuild

  • Paylocity acquires VidGrid

MARCH

  • The MOM Project acquires Werk

  • NAS Recruitment sold to M3

FEBRUARY

  • Cornerstone acquires Saba

  • HR Path acquires InTalent

  • Onshift acquires Avesta

  • Inform sold to Koch Industries

  • Accurate Background acquires CareerBulder screening tool

JANUARY

  • Cornerstone acquires Clustree

  • Bullhorn acquires Herefish

  • Ceipal acquires Zoniac

2021 should also be an active year from an acquisition standpoint. I expect the larger players in the industry to continue to scoop up smaller players in their quest to provide an “all you can eat recruiting ecosystem” that tries to become your system of record.

Click here to see all the press releases from these mergers via hrtechfeed.com



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