Thu, 05 Sep 2024 | BUSINESS SALE
Loughborough-headquartered SME business management software specialist The Access Group has reached an agreement to acquire Onboarded, the company behind a recruitment onboarding platform.
Based in Australia and founded in 2019, Onboarded’s platform is now used by recruiters across Australia, New Zealand and the UK. The platform provides users with a suite of features, including payroll onboarding, contract signing and background checks. 84 per cent of candidates onboarded using the platform complete the process within 24 hours.
As part of the deal, The Access Group has also agreed to acquire Onboarded sister company smartAI, a personalised conversation platform for recruiters, bolstering the group's ambition of helping recruiters to benefit from the use of AI.
Access Recruitment and Onboarded will offer customers a suite of features, providing a customisable digital platform enabling firms to rapidly onboard candidates and employees with a single link and send the information back to the CRM.
Onboarded and SmartAI founder Raj Soni commented: "Since founding Onboarded in 2019, our mission and vision have been to build trusted connections between workers and businesses. Joining forces with The Access Group represents an exciting new chapter in our journey, making it even easier for more people - globally - to onboard seamlessly into the workplace."
Emma de Sousa, group managing director at The Access Group, added: "We are delighted to welcome Onboarded and smartAI to the Access family, and we look forward to working alongside the Onboarded and smartAI teams to deliver an exceptional software experience that lightens the load for recruitment professionals and creates a seamless onboarding process for candidates changing roles or entering the world of work."
Technology remains one of the most active areas for dealmaking within the UK recruitment sector - accounting for 14 per cent of activity during the first half of the year
Find out more about M&A activity in the UK's professional services industries
This well-established medical specialist practice in the North West offers a robust profit margin of approximately 35% and flexible relocation options, making it an enticing investment opportunity.
This established Greater Manchester firm, with decades of experience, boasts a client base largely comprised of limited companies.
This well-established London practice, with over 35 years of reputable service, offers a strong client base predominantly consisting of limited companies and a skilled team that drives continuous growth.
Please choose your settings for this site below. For more information please read our Cookie Policy
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.