Assessio Acquires Elevo to Form European Rectech Platform
Deal News | Jul 03, 2025 | Aim Group
Sweden-based Assessio has acquired France-based rectech firm Elevo. This acquisition marks a strategic partnership aimed at forming Europe's first integrated platform which will combine psychometric testing and rectech solutions. Despite not disclosing the financial details, this cross-border deal highlights the increasing collaboration between assessment and recruitment technology firms across Europe, positioning them to offer comprehensive solutions in evaluating and managing talent.
Sectors
- Recruitment Technology (Rectech)
- Psychometric Assessment
Geography
- Sweden – Assessio, the acquiring company, is based in Sweden and plays a significant role in the cross-border aspect of this transaction.
- France – Elevo, the acquired company, is based in France, highlighting the cross-border nature of the acquisition.
Industry
- Recruitment Technology (Rectech) – Both Assessio and Elevo operate within the Recruitment Technology (Rectech) sector, focusing on tools and platforms to assess, recruit, and manage talent.
- Psychometric Assessment – Assessio specializes in offering psychometric assessment tools which are vital in evaluating candidate skills and competencies.
Financials
- Not Disclosed – The financial terms of the acquisition between Assessio and Elevo were not disclosed.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Assessio | Acquirer | Company | Assessio is a Sweden-based company specializing in psychometric tests to assess skills, and now expanding into the rectech industry with this acquisition. |
| Elevo | Target Company | Company | Elevo is a France-based recruitment technology firm focused on providing solutions for managing and evaluating talent. |