Mergers and Acquisitions (M&A) activity in the talent acquisition software industry has been increasing in recent years as companies look to expand their product offerings, gain access to new customers, and improve their technology. Some notable M&A transactions in the industry include Oracle acquiring Taleo in 2012, iCIMS acquiring Jibe in 2019, and Workday acquiring Peakon in 2020.
These transactions show the growing importance of talent acquisition technology and the demand for solutions that can help companies attract, hire, and retain top talent. The M&A activity in the industry is expected to continue as companies look for ways to differentiate themselves and stay ahead of the competition in the highly competitive talent acquisition market.
Global technology-focused investment bank Drake Star recently released the Talent Acquisition Software Report, which provides an in-depth analysis of the industry’s year-to-date M&A and funding activity, share price movements and sector valuations, as well as key industry news and emerging trends.
According to the report, M&A activity in the talent acquisition software industry remained strong in 2022 despite economic concerns, driven by product expansions, private equity investment, and consolidations.
Joining me in HRchat episode 538, is Jim Holzer, Managing Partner at Drake Star.
Questions For Jim Include:
- What is driving the Talent Acquisition and HR Tech market at the moment?
- How is technology and innovation affecting Talent Acquisition and HR Tech?
- Investment in upskilling employees to handle the increased use of AI and automation?
- What options are available for Talent Acquisition and HR Tech companies to grow their businesses and create value?