The group offers leading cloud HR software tools for companies to support core HR and talent acquisition
The teams will be working closely together, benefiting from Sympa’s reach in the Nordics and Recruitee’s global presence
PSG backing the combined group as majority shareholder, to support new product development and fund organic and inorganic growth
Sympa, a leading provider of core HR software in the Nordics and Recruitee, a leading provider of applicant tracking systems (ATS) in central Europe and the USA, are combining to create a premium digital HR solutions offering.
“We are excited by the opportunities ahead as we look to expand and develop our product range and continue working with our growing pool of both new and existing partners in the HR software space.”
The collaboration brings both companies’ software solutions under one umbrella, providing companies with a full suite of advanced tools for automating HR tasks and amplifying the expertise of HR professionals. Going forward, customers will benefit from the expanded combined product offering, consisting of a leading talent acquisition platform and a comprehensive core HR platform, as well as the group’s significantly increased geographic reach.
The combined group will have over 4,000 customers across Europe and the USA, and a team of over 250 employees. Notable global brands such as Autobahn, RedBullMedia House, Innocent Drinks, Breitling, Oatly, BMW, Toyota, TNT, Dustin, and Byggmax, use the software today to acquire the best talent, hire more efficiently, nurture the development of their employees, and make smarter strategic decisions.
Keijo Karjalainen, CEO and co-founder of Sympa, commented: “We are excited to partner with Recruitee, one of the leading ATS providers to be able to offer a comprehensive suite of products to our customers. We’re thoroughly enjoying working with the teams at Recruitee and PSG and can’t wait to continue this strong partnership on what will be an exciting – not to mention fun – journey.”
“We are looking forward to working with the team at PSG and Sympa as we enter the next phase of our growth. This collaboration is a shortcut to our vision of providing companies with the best possible HR tools. With PSG as our backer, we aim to build a truly global presence and enhance our marketplace integrations,” commented Perry Oostdam – CEO and co-founder of Recruitee. CTO and co-founder, Pawel Smoczyk added: “We are excited by the opportunities ahead as we look to expand and develop our product range and continue working with our growing pool of both new and existing partners in the HR software space.”
Kirsten ter Horst, Head of HR at FRISS – a longstanding customer of both companies, remarked “We’ve been using both products successfully and can imagine how these would naturally fit together. We are very excited to hear of the combination and the opportunities it will offer us.”
PSG, a leading growth equity firm partnering with B2B software companies, will back the business as the majority shareholder, following its investment in Sympa in July 2020. Alfvén & Didrikson, an active, long-term backer of Nordic businesses with international growth potential, retains its minority stake after first investing in Sympa in 2016.