HireHive Boosts HR Portfolio with HRLocker Merger
Deal News | Feb 17, 2025 | Aim Group
HireHive, an Ireland-based recruitment software company under the ownership of U.K.-based Invincible Software Holdings (ISH), has merged with HRLocker, another Ireland-based recruitment service provider. This strategic merger aims to consolidate ISH's HR software portfolio, creating a comprehensive suite of HR and recruitment tools designed to streamline organizational processes. Previously acquired by JobToolz, HireHive came under ISH's ownership when it acquired JobToolz in June 2023. HRLocker, also owned by ISH since December, is a major provider of B2B SaaS HR services. The merger allows HireHive to become part of the HRLocker Group, strengthening the combined entity’s market position as a complete HR and recruitment solutions provider. With the merger, both companies will integrate their technology, enabling advanced recruitment tracking and comprehensive HR management, thereby enhancing service offerings to SMEs. The financial terms of the deal remain undisclosed.
Sectors
- Human Resources Technology
- Software as a Service (SaaS)
Geography
- Ireland – Both HireHive and HRLocker are based in Ireland, making it a focal point for this merger.
- United Kingdom – Invincible Software Holdings, which owns both HireHive and HRLocker, is based in the UK.
- Belgium – HireHive was acquired by Belgian-based JobToolz before coming under the ownership of ISH.
Industry
- Human Resources Technology – The article discusses the merger of two HR software firms, focusing on improving recruitment and human resources management tools.
- Software as a Service (SaaS) – Both HireHive and HRLocker offer their services through a SaaS model, providing cloud-based software solutions for HR and recruitment.
Financials
- Not disclosed – The financial terms of the merger between HireHive and HRLocker were not disclosed.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| HireHive | Target company | Company | An Ireland-based recruitment software company that has merged with HRLocker under ISH’s ownership. |
| HRLocker | Target company | Company | An Ireland-based B2B SaaS HR service provider that has merged with HireHive under ISH’s ownership. |
| Invincible Software Holdings (ISH) | Parent company (Private Equity) | Company | A U.K.-based software holdings company that owns both HireHive and HRLocker, facilitating their merger. |
| JobToolz | Previous owner of HireHive | Company | A Belgian-based company that acquired HireHive before its ownership transferred to ISH. |
| Crystel Robbins Rynne | CEO of HRLocker | Person | The CEO of HRLocker, one of the companies in the merger with HireHive. |