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New Deal


Announced

Completed

HireVue completed the acquisition of Modern Hire from The Riverside Company.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Friendly

Majority

Outsourced HR and Staffing

Private

Private Equity

United States

hiring

Acquisition

Completed

Domestic

Single Bidder

Synopsis

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HireVue, a video interviewing, assessments and text-enabled recruiting tools company, completed the acquisition of Modern Hire, an enterprise hiring platform that enables organizations to continuously improve hiring experiences, from The Riverside Company, a private equity firm. Financial terms were not disclosed. “We’re proud of the work we’ve accomplished with Modern Hire in our nearly 6-year ownership period. We are grateful to our Modern Hire management team, its customers and partners for their support as we remained committed to delivering innovative solutions to drive success in the ever-evolving world of talent acquisition," Loren Schlachet, Riverside Micro-Cap Fund Managing Partner.

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