PredictiveHR, a Boston, MA-based SaaS platform company that enables people analytics by utilizing machine learning to predict talent trends and their financial impacts, acquired the Recruiting Services Division of Method3, a provider of Recruitment Process Outsourcing and IT Staffing services.
The amount of the deal was not disclosed.
The acquisition strengthens PredictiveHR’s existing recruiting solution offering and aims to provide customers with both predictive people analytics and recruiting services to support their talent acquisition challenges.
Method3 will retain its IT Technology Staffing services and will also become a reseller of PredictiveHR products and services.
Led by John Laporta, CEO and founder, Method3 is a provider of Recruitment Process Outsourcing (RPO) and Technology Services, providing IT staff augmentation, project management and consulting.
Led by Jamie Troiano, CEO and founder, PredictiveHR provides a platform that solves the HR reporting problem by connecting disparate, unstructured employee data stored across numerous systems into one platform. The AI solution normalizes all employee data that is unstructured and stored across numerous human resource systems into one data set resulting in meaningful reports and “predictive” people analytics.
It is SOC II certified and GDPR compliant.
Current clients include Acquia, LogMeIn, Service King and SharkNinja, to help manage their reporting and business growth.
In addition to the people analytics platform, the company offers recruiting solution services that include on-demand recruiting, sourcing services, systems and recruiting workflow review and optimization.
With this acquisition and their recent partnership with Engage Talent, PredictiveHR can now provide customers with a full talent management solution including the ability to review internal employees, applicants, and external candidates to fill key roles within the organization.
This acquisition along with a relationship with MidPenn Bank gives the company a large presence in Harrisburg, PA.
With the acquisition, Method3 and PHR will continue to service customers including Hologic, KPMG and Triumph, among others.
FinsMEs
21/08/2019