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VIENNA, AUSTRIA (January 25, 2022) – Firstbird, the global leader in SaaS-based employee referral programs today announced its plans to merge with Radancy, the US-based global talent technology leader. Headquartered in New York, Radancy offers a unified talent acquisition cloud that revolutionizes how employers attract and hire the talent they need. The merger with Radancy is expected to close in the first quarter of 2022, subject to the satisfaction of customary closing conditions, including certain regulatory approvals.
This strategic merger combines Firstbird’s innovative referral technology with Radancy’s unified platform and accelerates Firstbird’s vision to become the global standard for employee referrals. Together, they will provide global clients with new and essential touchpoints along the entire candidate journey, connecting people to careers and companies with qualified candidates to solve their most critical talent acquisition challenges.
“At Firstbird, our mission has always been to be the global standard for employee referrals. With Radancy we can now provide our customers with highly experienced local teams and service excellence across the world,” says Arnim Wahls, CEO of Firstbird. “Together, our combined products provide us with a unique offering to enable enterprises to attract and hire the talent they need.”
“From the first meeting I knew Firstbird checked every box for us. The people, the technology and the opportunity to expand Radancy’s reach within the DACH market made this a perfect match,” said Michelle Abbey, President and CEO of Radancy. “I’m excited to integrate their technology into our global unified platform and continue to transform talent acquisition for our customers.”
Venero Capital Advisors served as the financial advisor to Firstbird throughout this process.
Radancy is the global talent technology leader intelligently solving the most critical challenges for employers and delivering results that strengthen their organizations. Our Talent Acquisition Cloud, augmented by rich data and deep industry expertise, is revolutionizing how employers attract and hire the talent they need. We are your go-to destination for automating and optimizing all essential candidate touchpoints to intelligently connect you to the right talent at the right time with the right message. Our platform includes a market-leading, integrated suite of technology solutions, including best-in-class Programmatic AdTech, Career Sites, Employee Referrals and CRM software. Make every connection count with one platform. For more information, visit www.radancy.com.
