The Airbus of HRtech: PSG-backed Tellent to combine Recruitee, Sympa, kiwiHR and Javelo
Tellent is a European HR technology company based in Amsterdam, created by Boston-based private equity firm PSGDealroom has a profile for this one. Try Dealroom → through the strategic merger of four companies it has backed or bought out in recent years:
- RecruiteeDealroom has a profile for this one. Try Dealroom →. Headquartered in Amsterdam, Recruitee is a cloud-based ATS solutions provider. Recruitee was co-founded by Perry Oostdam and Paul Veugen.
- SympaDealroom has a profile for this one. Try Dealroom →. Headquartered in Finland, Sympa is a comprehensive HR-system to handle the entire employee life cycle, and a leader in the Nordics.
- kiwiHRDealroom has a profile for this one. Try Dealroom →. Headquartered in Munich, kiwiHR is a human resource management software solution for SMBs.
- JaveloDealroom has a profile for this one. Try Dealroom →. With offices in Paris, Marseille, and Barcelona, Javelo is a SaaS platform for HR performance management. Javelo by Anne-Sophie Vasseur , Amandine Motte, Alexis Tamayo, and Brice Ancelin.
Transformation
- As part of Tellent's strategy, the Javelo, Recruitee and kiwiHR brands will be retained while Sympa's tech will be integrated across the different products.
- As part of the restructuring, the Amsterdam and Paris offices will be consolidated, with a New York offices added to guide the company's US expansion.
- R&D functions will be concentrated in Poznan and Wroclaw.
- Operations in Germany are going full remote. All other offices will be closed, notably Barcelona, Helsinki.
Rationale
- This move aimed to consolidate the strengths of these firms into a unified product offering, enhancing HR management capabilities across various functions.
- With a global team spread across six locations, Tellent focuses on enabling organizations to optimize their talent management through a comprehensive suite of HR solutions.
Team
- Tellent's team now includes Recruitee's Perry Oostdam, who was appointed CEO. Recruitee's former COO Robbert Flipsen will step in as CEO of Recruitee. Sympa’s Founder and CEO Keijo Karjalainen has been appointed Chief Strategy Officer (CSO) of Tellent, while Jaco Fourie is appointed as the new CEO of Sympa.
- PSG Equity will provide oversight and direction to drive the company’s growth and integration efforts.
Source: PSG, Tellent, EU-startups
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