Radancy, a global leader in talent acquisition software, recently announced the acquisition of Ascendify, bringing advanced candidate relationships management (CRM) capabilities to its Talent Acquisition Cloud. This acquisition adds to Radancy’s suite of end-to-end solutions devoted to helping recruiters find the best talent and strengthen businesses.
The Talent Acquisition Cloud by Radancy is the first integrated end-to-end platform available, moving away from the tedious manual processes and tools of the past. This platform provides a secure and scalable technology that streamlines the recruitment process, and creates data-driven insights and AI to facilitate optimised experiences for every candidate. For example, it offers features such as workflow automation, interview scheduling and event management as well as candidate marketing and advanced sources.
Matt Hendrickson, CEO of Ascendify, commented upon the acquisition, saying: “We’re excited to become a part of the Radancy Talent Acquisition Cloud as the market of siloed products and processes can be positively affected by our valuable CRM-based recruiter tools”.
Michelle Abbey, President and CEO of Radancy, added: “As the competition for qualified talent grows, companies are realising the value of data-driven technology solutions to further enhance their ability to engage and hire candidates. At Radancy, we are providing a comprehensive platform that should optimise the entire candidate journey and consequently increase their ROI.”
Radancy is a portfolio company of New Mountain Capital, and is continuously investing in new technologies and resources to improve their offering and set a new industry standard for what employers can expect from a SaaS talent acquisition platform.
New Mountain Capital was founded in 2000 and is based in New York City. It is an investment fund that focuses on “defensive growth” industry sectors, seeking out the highest quality leaders. The fund manages private equity, credit, and net-lease real estate funds and has a total of $37 billion in assets under its management.
Ascendify is a cloud-based talent engagement software solution which allowed enterprises to attract, develop, and inspire their talent with an AI-supported solution. It is already being used in various companies with complex and global workforces, with candidates being identified, screened and hired with better efficiency.
In short, Radancy is a global leader in talent acquisition software providing a suite of end-to-end solutions that allow recruiters to find the best talent and strengthen businesses. The Talent Acquisition Cloud is an integrated platform which offers workflow automation, interview scheduling and more. Radancy is owned by New Mountain Capital, which focuses on finding quality leaders in “defensive growth” industry sectors. Ascendify is a cloud-based talent engagement software which assists enterprises in developing their talent. Together, Radancy and Ascendify provided an even more comprehensive offering and advanced CRM capabilities for the Radancy Talent Acquisition Cloud.
