iCIMS Receives Investment from Vista Equity Partners
Summary
iCIMS, a Holmdel, New Jersey-based provider of recruitment technology, received an investment from Vista Equity Partners. Susquehanna Growth Equity, the seller, will remain a shareholder serving on the Board of Directors. Led by Colin Day, Chairman and Chief Executive Officer, iCIMS provides cloud-based talent acquisition solutions supporting the hiring initiatives of more than 3,500 customers worldwide including such brands as 7-Eleven, Enterprise Holdings, Southwest Airlines and Rite Aid. Built on the foundation of its talent acquisition software suite, the company’s PaaS framework, UNIFi, allows employers to expand the capabilities of their core talent acquisition technology by integrating with the largest partner ecosystem in talent acquisition to allow them to attract, find, screen, and manage candidates. The investment follows a significant year for iCIMS, which has included the acquisition of mobile recruiting technology provider TextRecruit, and new strategic partnerships with ADP and Ultimate Software.
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