M&A Deal Summary

Modern Hire Acquires Sonru

On July 28, 2020, Modern Hire acquired software company Sonru from Saphir Capital Partners

Acquisition Highlights
  • This is Modern Hire’s 1st transaction in the Software sector.
  • This is Modern Hire’s 1st transaction in Ireland.

M&A Deal Summary

Date 2020-07-28
Target Sonru
Sector Software
Buyer(s) Modern Hire
Sellers(s) Saphir Capital Partners
Deal Type Add-on Acquisition

Target

Sonru

Wexford, Ireland
Sonru is a modern hire company that provides automated video interviewing for screening candidates, simplifies the recruiting process for recruiters and their candidates. Its customers include Fortune Global 500 companies and come from a wide variety of industries. Replicating a face-to-face interview, automated video interviews remove the everyday headaches associated with preliminary interviews. Interviewers and candidates are not online at the same time. Sonru was formed in 2007 and is based in

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Buyer(S) 1

Buyer

Modern Hire

Cleveland, Ohio, United States

Category Company
Sector Software
DESCRIPTION

Modern Hire is an intelligent hiring platform that transforms each step of the process with screening, assessment, interview and workflow automation tools that make hiring more effective, efficient, ethical and engaging. Modern Hire is based in Cleveland, Ohio.


DEAL STATS #
Overall 2 of 2
Sector: Software M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Ireland M&A 1 of 1
Year: 2020 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-05-21 Montage Talent

Delafield, Wisconsin, United States

Montage Talent, Inc. is a provider of video interviewing solutions available, purpose-built to transform the hiring experience one smile at a time. Applying an enterprise software-as-a-service (SaaS) model. Montage Talent was founded in 2007 and is based in Delafield, Wisconsin.

Buy -

Seller(S) 1

SELLER

Saphir Capital Partners

Luxembourg, Luxembourg

Category Private Equity Firm
Founded 2009
Size Small
Type Sector Agnostic
DESCRIPTION

Saphir Capital Partners is a private equity firm and M&A advisor. The Firm invests across Western Europe and Asia. Saphir was formed in 2009 and is based in Luxembourg, with additional offices in Hong Kong and London.


DEAL STATS #
Overall 1 of 2
Sector: Software M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Ireland M&A 1 of 1
Year: 2020 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-09-30 Sonru

Wexford, Ireland

Sonru is a modern hire company that provides automated video interviewing for screening candidates, simplifies the recruiting process for recruiters and their candidates. Its customers include Fortune Global 500 companies and come from a wide variety of industries. Replicating a face-to-face interview, automated video interviews remove the everyday headaches associated with preliminary interviews. Interviewers and candidates are not online at the same time. Sonru was formed in 2007 and is based in

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-08-01 Luxaviation

Luxembourg, Luxembourg

Luxaviation is a provider of airline services. Luxaviation a versatile fleet of over 200 aircraft and has built a highly respected team of aviation specialists to support our goal of becoming the provider at the premium end of the Euro-Asian private aviation sector. Luxaviation was founded in 2008 and is based in Luxembourg, Luxembourg.

Sell -