September 23, 2023

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OutMatch Acquires Recruitment Automation Platform LaunchPad to Give New, Candidate-Pushed Digital Hiring Knowledge

Push launch articles from PR Newswire. The AP news staff members was not included in its creation.

DALLAS, Sept. 22, 2020 /PRNewswire/ — OutMatch, a top SaaS talent intelligence system, right now introduced its acquisition of LaunchPad, an close-to-stop recruitment automation system. This acquisition results in a 1st-of-its-form candidate-pushed talent collection system that marries automation and AI bringing efficiency and knowledge to the hiring course of action.

“Combining LaunchPad’s condition-of-the-art automation and AI technological know-how with OutMatch’s details-pushed evaluation offerings will create a current market-primary resolution with world scale and empower businesses to maximize the lifetime value of their personnel base,” states OutMatch CEO, Greg Moran. “The OutMatch system will enable candidates the option to shift at pace via the choice system with entire transparency, when talent acquisitions groups can drive unprecedented 25x or larger ROI.”

As section of the acquisition, OutMatch is launching a new talent choice system that ties prospect screening, assessments, movie interview, and AI-driven predictive analytics into a single built-in, automated workflow system. This will end result in quicker, additional precise selecting results that deliver corporations with the clarity, insight, and pace essential to match the right candidate with the proper task.

The new system leverages the combined abilities of OutMatch and LaunchPad to offer:

  • Greater using the services of choices knowledgeable by facts-backed insights
  • Improved candidate practical experience and fulfillment
  • Reduced expertise acquisition time on administrative jobs and improved time spent selecting fantastic folks
  • Reduced choosing bias

“The expertise acquisition course of action is ordinarily time-consuming, inefficient, and inconsistent, issues only compounded by COVID-19,” states Will Hamilton, LaunchPad CEO. “Technology have to adapt and be equipped to aid a a lot more numerous and ever-transforming array of hiring requirements when still driving enhanced efficiency. We believe OutMatch will absolutely change the character of hiring, driving recruiter productiveness although maximizing transparency for candidates.”

OutMatch is a portfolio enterprise of Rubicon Technological know-how Partners (headquartered in Boulder, Colorado) and Camden Companions (headquartered in Baltimore, Maryland). Goldenhill Intercontinental acted as money advisor to LaunchPad. Lightning Partners acted as the acquire aspect fiscal advisor to Outmatch on the transaction.

About OutMatch
The OutMatch Talent Intelligence System provides clarity to expertise conclusions by accumulating the appropriate info and placing the insights corporations require at their fingertips. We support the world’s major models to find and create wonderful persons, maximizing the staff existence cycle. Virtually 100 million candidates and staff have made use of OutMatch know-how, with about 10 million flowing by way of for each calendar year. This quantity of details provides OutMatch distinctive perception into the workforce and prepares OutMatch shoppers for the long term of perform. OutMatch was lately named to the 2020 Inc 5000 listing as well as Inc magazine’s yearly checklist of the Finest Workplaces for 2020.

About LaunchPad
LaunchPad’s recruitment know-how platform brings together the most recent in video clip interviewing technology, finest of breed assessments, automation, reviewer insights and predictive analytics to enhance your choosing procedure – making it possible for you to produce a seamless applicant knowledge, improve the reliability of your using the services of selections and employ the most effective candidates, speedier, all from one system. LaunchPad has served 350+ clientele and processed over 3 million interviews around the world for some of the world’s leading manufacturers.

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