Symphony Technology completes Bond International buy

Private equity firm Symphony Technology Group (STG) has completed the purchase of Bond International Software.
Tue, 8 Nov 2016

Private equity firm Symphony Technology Group (STG) has completed the purchase of Bond International Software.

In a statement revealing the acquisition, STG said it plans to invest in innovation, adding “significant” customer value in Bond’s AdaptUX recruitment software platform.

Founded in 2003, STG is a private equity firm with a history of building global companies operating in the software, analytics and services space that is present in the human capital management software and services space.

Tim Richards, managing director at Bond International Software UK, said the group’s priority was to find a backer that worked with Bond and supported the development of AdaptUX to benefit its customers.

“It was apparent very quickly that STG had a strong fit with our company, and we are already looking at how we can bring to bear its considerable financial muscle to improve our offering to the recruitment market...”

Meanwhile William Chisholm, MD and chief investment officer at STG, said adding Bond International Software to its HCM portfolio further strengthens its ability to deliver a highly differentiated offering to these companies’ customers.

  • Want to comment on this story? The Comment box is at the bottom of the page. Sorry for the glitch but just scroll right down and share your opinions!

Microsoft teams up with SThree to improve operations

SThree, the leading STEM-specialist staffing group, has announced a collaboration with Microsoft that is intended to power its industry-leading Technology Improvement Programme.

Contracts 26 March 2024

NEW TO THE MARKET: 25-30 MARCH 2024

This week’s new launches include: ID Crypt Global, Indeed, N2S.Global, Quesam, Talmix

New to Market 26 March 2024

Businesses must use AI in ‘all its formats’ says Martin-Fagg

UK businesses need to use technology such as AI to increase productivity, emphasise a ‘customer first’ attitude and grow by increasing market share.

22 March 2024

HeadFirst and Impellam groups join forces

HeadFirst Group and Impellam Group have joined forces to become one of the world’s leading STEM talent and managed service providers.

Contracts 22 March 2024
Top