Pride Capital Partners Achieves Major Exit with Talentsconnect in 2025
Deal News | Mar 12, 2025 | Pride Capital Partners BV
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Pride Capital Partners, a private equity firm known for its focus on the Software & IT sectors, has announced its first exit for the year 2025. This marks the fifth exit of its Fund I, highlighting their commitment to driving value creation in the HR industry. The exit involves talentsconnect, a Cologne-based company that Pride has partnered with since December 2021. Pride provided financial and strategic support to foster talentsconnect's growth in the talent recruitment market through innovations like JobShop. With this backing, talentsconnect was able to scale successfully in Germany, achieving increased recurring revenue, improved scalability, and profitability. The collaboration allowed the execution of a buy & build strategy, positioning talentsconnect to capitalize on future market opportunities. This exit is part of Pride's broader strategy which includes investments in HR and Edtech companies like Ixly and Archipel Academy, aiming to foster autonomous growth and strategic acquisitions. talentsconnect, established in 2013, has become a leader in the direct-to-talent (D2T) recruiting space, serving over 950 clients with its innovative platform.
Sectors
- Human Resources Technology
- Private Equity
Geography
- Germany – talentsconnect is based in Cologne and has significantly expanded in the German market with the support of Pride Capital Partners.
- Netherlands – Pride Capital Partners is based in the Netherlands and engages in investments across Europe.
Industry
- Human Resources Technology – This sector involves companies developing innovative tools and platforms for talent recruitment and management, exemplified by talentsconnect's JobShop, a data-driven recruiting platform.
- Private Equity – In this context, the industry involves firm Pride Capital Partners and its strategic investments to foster growth and successful exits such as the one achieved with talentsconnect.
Financials
- Not disclosed – The financial details of the exit, including the sale price or profits for Pride Capital Partners and talentsconnect, were not disclosed.
Participants
Name | Role | Type | Description |
---|---|---|---|
Pride Capital Partners BV | Private Equity Firm | Company | A private equity firm focused on investments in Software & IT entrepreneurs, with a strategy of fostering growth through strategic investments and exits. |
talentsconnect AG | Target Company | Company | A leading direct-to-talent recruiting company based in Cologne, aiming to innovate through its data-driven platform, JobShop. |
Ixly | Portfolio Company | Company | An HR company in which Pride Capital Partners has invested, aligning with their focus on innovation in human resources. |
Archipel Academy | Portfolio Company | Company | An educational technology company part of Pride Capital's investment portfolio, supporting its focus on HR and education technology. |