HCM Merger Alert – Erecruit & Bond

HCM Merger Alert – Erecruit & Bond

Erecruit™, the leading innovator in enterprise staffing software, VMS and onboarding solutions for large staffing firms, announced today that it is merging with Bond International Software creating the industry’s most complete end-to-end staffing platform. This merger will increase Erecruit’s and Bond’s operational scale, extend geographical reach across the United States, Europe and Asia, will more than double the size of the employee base, and expand the product portfolio. The companies will continue to invest in their core flagship products and lead the market in product innovation. David Perotti, the Chief Executive Officer of Erecruit, will assume the role of the Chief Executive Officer of the merged organization. Symphony Technology Group (STG), a global private equity firm with a successful history of building leading global companies at the intersection of software, analytics and services in the Human Capital Management (HCM) space, will become the majority owner of the