New Mountain Capital completed the investment in Radancy.

New Mountain Capital, a growth-oriented investment firm, completed the investment in Radancy, an enterprise software and services solutions provider. Gemspring Capital will remain a minority investor in the company. Financial terms were not disclosed. "We are seeing tremendous demand from companies who are going through a fundamental shift from legacy talent acquisition operating models, involving manual processes and ad hoc tools, to a more integrated approach, leveraging Radancy's end-to-end talent sourcing platform. This is an exciting time in our evolution and we are confident that New Mountain's industry expertise and proven track record of business building will help us accelerate our roadmap and continue to deliver greater value for our clients," Michelle Abbey, Radancy CEO.