Bullhorn Expands Healthcare Staffing with TargetRecruit Acquisition
Deal News | Aug 01, 2025 | District Capital Partners (DCP)
In a strategic acquisition, Bullhorn, a leader in software solutions for the staffing and recruitment industry, has acquired TargetRecruit, a provider of front- and middle-office solutions built on the Salesforce platform. This move consolidates Bullhorn's position as a leading Independent Software Vendor (ISV) within the Salesforce ecosystem. The acquisition focuses on expanding Bullhorn’s presence in the healthcare staffing market, particularly in the rapidly growing locums and per diem segments. TargetRecruit customers stand to benefit significantly from Bullhorn’s extensive resources, proven technologies, and commitment to healthcare staffing. With this acquisition, Bullhorn's Salesforce user base expands to nearly 150,000. Furthermore, through Bullhorn's Recruitment Cloud and its advanced AI and automation solutions, customers can streamline operations and boost productivity. District Capital Partners advised Bullhorn in this transaction.
Sectors
- Staffing and Recruitment Software
- Healthcare Staffing
- Information Technology
Geography
- United States – Bullhorn is headquartered in Boston, and TargetRecruit is based in Houston, making the US a key geographic focus for this transaction.
- Global – Bullhorn serves 10,000 customers globally, indicating its international presence and impact.
Industry
- Staffing and Recruitment Software – This is the core industry of Bullhorn, providing software solutions to staffing and recruitment firms, particularly within the Salesforce ecosystem.
- Healthcare Staffing – Bullhorn's acquisition of TargetRecruit aims to enhance its reach and capabilities in the healthcare staffing market, focusing on locums and per diem segments.
- Information Technology – Involves Bullhorn and TargetRecruit's use of AI and cloud-based technologies to optimize recruitment solutions.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Bullhorn | Acquirer | Company | A global leader in providing cloud-based software for the staffing and recruitment industry. |
| TargetRecruit | Target Company | Company | A Houston-based provider of front- and middle-office solutions for recruitment, built on the Salesforce platform. |
| District Capital Partners | Advisor | Company | Provided advisory services to Bullhorn for this transaction. |
| Jonathan Novich | SVP Product Salesforce | Person | Senior Vice President Product at Bullhorn, focused on the Salesforce segment. |