Oxford-based ISH continues acquisition spree; acquires HR platform Staff Squared

Oxford-based ISH (Invincible Software Holdings), an active software holding company, announced on Monday, June 17, that it has acquired Staff Squared, a core HR platform based in the UK.

This marks ISH’s fourth acquisition in two years, following the successful acquisitions of Jobtoolz in June 2023, Homerun in December 2023, and Hirehive in May 2024. 

As a result, ISH’s customer count increased to over 2,200, enhancing the entire ISH group’s position in the HR software market.

Staff Squared: Simplifies HR process

Led by Bob Neveu, Staff Squared specialises in serving small—to medium-sized and growing businesses. Its core HR functionalities include absence and holiday management, staff information, company information, and more.

The company aims to simplify HR processes, making it efficient for businesses to manage their HR needs.

Currently, the UK company works with various well-known organisations such as Onecall24, NEOM Organics, HR180, Sloane Court Clinics, Apex

Ventures Fund Services Limited, West Tech Shipping, Fresh Futures, Highway Resource Solutions, Taylor & Hart, and ClearSky Logic.

Bob Neveu, CEO of Staff Squared, says, “I am immensely grateful for Staff Squared to become part of ISH. This collaboration will enable the company to accelerate its growth and better serve its customers with enhanced resources and support as I step away.”

ISH: Active software holding company

Founded by Michael Richards and Adam Reynolds, ISH was formed with the mission of developing a solid portfolio of founder-run Software as a Service (SaaS) companies.

The company achieves this by making early investments and offering support to existing teams.

By leveraging the expertise of private equity specialists and experienced SaaS entrepreneurs who have achieved multiple successful exits, ISH aims to enhance the businesses it invests in.

Adam Reynolds, co-founder and Managing Partner of ISH says, “It is a fantastic opportunity to welcome Staff Squared into the ISH family. Their brilliant HR functionalities and dedication to customer satisfaction make them a perfect fit for our expanding portfolio. With the addition of their functionalities, we’re now able to service our customers’ needs from attracting talent to managing talent. We are confident that together, we will drive Staff Squared to new heights of success.”