The latest HR tech vendor to become majority owned by Private Equity is Outmatch, the recruiting platform made up of talent assessments, video interviews, and analytics. Rubicon states a focus on “enterprise software.” Glancing at their published portfolio list, there isn’t a lot of HR technology listed. Terms of the deal were undisclosed.
From the Outmatch Press Release: OutMatch, a leading Talent Intelligence Platform, which enables companies to hire and develop great employees, has secured a strategic majority investment from Rubicon Technology Partners (“Rubicon”), a private equity firm based in Boulder, CO, that specializes in enterprise software companies. OutMatch’s Talent Intelligence Platform enables businesses to optimize both candidate selection and post-hire development by providing an end-to-end solution that integrates the entire talent analytics workflow, including assessments, video interviewing, reference checking, and culture analytics. With over 100 million assessments completed, OutMatch generates unparalleled data-driven insights, allowing many of the world’s largest companies, including major hospitality brands, airlines, banking institutions, and professional services firms, to maximize the lifetime value of their employee-base. “OutMatch has created a unique platform that not only provides a seamless candidate experience but also delivers proven results for organizations…
Source: OutMatch Announces Strategic Investment from Rubicon Technology Partners – OutMatch