Sympa merges with the Dutch from Recruitee in a deal backed by PSG.

Finland 16 February 2021
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Sympa, a Helsinki, Finland-based developer of HR software and Recruitee, an Amsterdam, Netherlands-based provider of applicant tracking systems (ATS), announced getting into a merger agreement.

The deal was backed by Sympa's investors, PSG, as the majority shareholder, following its investment in Sympa in July 2020. Alfvén & Didrikson retains its minority stake after first investing in Sympa in 2016.

Sympa, founded in 2005 by CEO Keijo Karjalainen, is a cloud HR suite vendors in the Nordics. Its signature solution, Sympa HR, is a comprehensive HR platform that gives businesses advanced tools for automating a wide range of HR tasks and amplifies the expertise of HCM professionals.

Recruitee, founded in 2015 by Pawel Smoczyk and CEO Perry Oostdam, developed software solutions that cover job board integrations, talent sourcing, applicant tracking, pipeline automation, scheduling automation and advanced hiring analytics. The company has serviced more than 3,200 customers from over 75 countries, a majority of which are from the company’s core markets of Benelux, DACH, the UK and the US.

The combined group will have over 4,000 customers across Europe and the USA, and a team of over 250 employees. Notable global brands such as Autobahn, Red Bull Media House, Innocent Drinks, Breitling, Oatly, BMW, Toyota, TNT, Dustin, and Byggmax, use the software today to acquire the best talent, hire more efficiently, nurture the development of their employees, and make smarter strategic decisions.

Total investments received (USD): 4.87M

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