Belgium’s recruitment platform Jobtoolz acquires Irland’s AI-powered ATS platform Hirehive

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Belgium-based recruitment platform for SMEs, Jobtoolz, powered by ISH, has announced the acquisition of Hirehive, an Irish Applicant Tracking System (ATS) provider.

This acquisition strengthens Jobtoolz’s presence in the recruitment software market, broadening its ATS reach geographically and adding over 350 customers from Ireland, the UK, the US, and globally.

John Dennehy, founder of Hirehive, says, “I’m delighted for Hirehive to become part of ISH. We are lucky to have a wonderful customer base who have trusted us with their recruitment process. This collaboration will help accelerate Hirehive’s growth internationally and provide our customers with enhanced resources and support.”

Brief about ISH, a software holding company

Invincible Software Holdings (ISH), founded to nurture founder-run SaaS companies, invests early and supports existing teams. 

Combining private equity expertise with experienced SaaS entrepreneurs, ISH aims to enhance invested businesses while preserving their entrepreneurial spirit. The firm is backed by Michael Richards, Adam Reynolds, and Strada Partners.

ISH’s acquisition streak continues with the addition of Hirehive to its portfolio, building on previous acquisitions of Jobtoolz in June 2023 and Homerun in December.

Adam Reynolds, co-founder and Managing Partner of ISH, says, “It is a fantastic opportunity to welcome Hirehive into the ISH family. Their exceptional ATS platform and dedication to customer satisfaction make them a perfect fit for our expanding portfolio.”

“With the addition of customers concentrated in the UK, Ireland & the US, we’re significantly expanding our geographical reach. We are confident that together, we will drive Hirehive to new heights of success.”

Global ATS platform transforming recruitment

HireHive is a platform that provides a Software-as-a-Service (SaaS) Applicant Tracking System (ATS). It is designed to help HR professionals hire quickly and efficiently. 

The company’s smart technology, including AI-generated messages and analytics, makes hiring easier for businesses, enabling them to manage communication with candidates and review applicants collaboratively.

In addition to its tech, HireHive offers dedicated human support to assist users with any issues they may encounter.

Hirehive claims to have experienced growth in the competitive recruitment software market. Over time, the company has established a broad client base, which includes organisations such as Patagonia, Ecosense Cleaning, Kia Europe, Kaplan International Colleges, BearingPoint Romania, JSC Bank of Georgia, and many others.

Brief about Jobtoolz

Jobtoolz offers a SaaS Applicant Tracking System (ATS) to companies worldwide. With users in 31 countries, the company assists organisations in streamlining their recruitment processes to track, manage, and hire top talent effectively.

The company claims to have fueled significant growth, positioning itself as a key player in the recruitment software market. Jobtoolz’s client base includes organisations like Waak, Club Brugge, Ghistelinck, and others.

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Vishal Singh

Vishal Singh is a News Reporter and Social Media Marketing Lead at Silicon Canals. He covers developments in the European startup ecosystem and oversees the publication's social media presence. Before joining Silicon Canals, Vishal gained experience at the Indian digital media outlet Inc42, contributing to its growth with insightful content. Despite being a college dropout, his passion for writing has driven his career in journalism.

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