Company will further accelerate growth with Nordic’s leading HR and recruiting software provider
SCHIPHOL: Talmundo, the leading European provider of employee onboarding solutions, has today announced that it has joined the HR Nordic group, which is backed by the growth investor Verdane. Talmundo becomes the fourth recent acquisition of the group, following leading Nordic applicant tracking software (ATS) players HR Manager, Webcruiter and ReachMee.
The result, which will see Talmundo remain largely an independent company, helps the company strengthen its financial position as it continues to expand. In addition to growing its already established presence in Belgium, the Netherlands, France and the UK, Talmundo plans to invest strategically in the DACH region. Additional investments will be also made to accelerate product development including enterprise features, analytics and the company’s AI-powered onboarding chatbot.
Since its launch in 2014, Talmundo has quickly become a key player in the European new employee onboarding space. Over 150 employers are currently using Talmundo’s onboarding solution including multinationals such as Engie, Lufthansa, TUI and BNP Paribas. More than 35.000 new hires across Europe have been officially onboarded using the company’s experience-driven platform.
Founder and CEO of Talmundo Stijn de Groef, who himself has reinvested a significant amount into the HR Nordic group as part of the acquisition agreement, will continue in his day-to-day role as CEO and will also join the group’s management team.
“We are so proud of everything we have accomplished to date at Talmundo. We are laser focused on helping our clients to update outdated onboarding processes with the latest technology, allowing them to engage new employees like never before,” says de Groef. “We have been searching for a new partner as we seek to grow even faster and we’re excited to partner with Verdane and the HR Nordic group”
“Together with Verdane, we’re building an HR tech powerhouse. We were very impressed with the quality of Talmundo’s client portfolio and their onboarding offerings which match our European ambition,” explains Lars Ringdal, CEO of the HR Nordic group. “We have a great culture fit with the team at Talmundo. They strongly complement our existing offerings and add an extra dimension to our own growth strategy.”
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Talmundo is a European HR Tech company founded in 2012. Its onboarding platform, launched in 2014, is a mobile-friendly cloud software which creates an engaging pre-boarding and onboarding experience for employees. Talmundo’s software blends HR best practices together with companies’ culture to deliver a seamless onboarding experience, which helps companies bring people onboard faster, integrate them better, and make everyone's job easier. By keeping key HR metrics like retention, productivity and employee engagement in mind, Talmundo’s solution helps companies go beyond the paperwork and create a meaningful onboarding journey for new hires, revolutionizing the way we interact with HR technology systems.
Today, Talmundo is proud to work with leading multinationals like Deloitte, ABN Amro, Bacardi, ArcelorMittal, KPMG, BNP Paribas Fortis, Sodexo, Engie, SAS, and Swisscom.
About HR Nordic Group
Backed by Verdane, HR Nordic is the region’s leading provider of HR and recruiting systems with an ambition to become a leading talent platform. The group was built on acquisitions of renowned companies in every part of the talent journey: HR Manager, Webcruiter, ReachMee and Talmundo. HR Nordic today employs 200 professionals and serves more than 2000 customers in both the large and medium sized market.
HR Manager’s former CEO Lars Ringdal is leading the group on their growth ambitions throughout the Nordics and Europe.
Verdane works to be the preferred growth partner to technology enabled businesses in Northern Europe. Verdane funds provide flexible growth capital to fast-growing software, consumer internet, energy or high-technology industry businesses, through both majority and minority investments in individual companies and portfolios. Verdane funds act as ambitious, active and long-term owners, helping management teams and companies accelerate and sustain growth by leveraging the Verdane advisory team’s capabilities and proven track record in driving business value for companies whose growth is driven by, or connected to, technological development. Verdane funds’ current portfolio includes Conexus, EasyPark, Freespee, HR Manager/Webcruiter, inRiver and Lingit. Verdane has 39 employees working out of offices in Copenhagen, Helsinki, London, Oslo and Stockholm. For more information, please visit www.verdane.com.