HireVue Acquires Modern Hire

HireVue Acquires Modern Hire

South Jordan, Utah-based HireVue today announced it has acquired Cleveland, Ohio-based Modern Hire. Financial terms of the transaction were not disclosed.

According to the acquisition news release, Modern Hire is

"the most comprehensive and innovative platform for assessment, interviewing and end-to-end hiring automation."

"The acquisition of Modern Hire will enable us to continue to push the boundaries of what is possible in hiring technology, by adding to our own best-in-class science, technology and industry expertise,” said Anthony Reynolds, CEO, HireVue. “The team at Modern Hire are among the best scientific minds and tech innovators and we are thrilled to welcome them to the HireVue family.”

HireVue is a portfolio company of The Carlyle Group (NASDAQ:CG), with majority control of HireVue purchased by Carlyle in October 2019.

Pre-acquisition, Modern Hire claimed it worked with nearly half of the Fortune 100 and over 400 companies globally, while HireVue says it has over 700 clients around the world.

With the acquisition, HireVue now has offices in Australia, Canada, Ireland, New Zealand, Singapore, United Arab Emirates, United Kingdom, and across the United States.