Skip to content

Richmond company acquired by U.S. investment firm in US$200M deal

The global shortage of talent is a top risk factor facing organizations today: Talemetry
Jade Bourelle, CEO of Talemetry.
Jade Bourelle, CEO of Talemetry.

Talemetry, a recruitment marketing company headquatered in Richmond, announced last week it was acquired by a U.S. investment firm as part of a USD$200 million merger deal.

KI Investment Management acquired Talemetry and three other companies in the industry and merged them into a new platform, where hiring teams can "source, engage, hire and retain talent," according to Talemetry.

“With the global shortage of talent as a top risk factor facing organizations today, hiring teams must continue to optimize their recruitment strategies, processes and technologies in order to navigate the complex hiring landscape,” said the company's press release.

Talemetry, which serves hundreds of clients including Air Canada, aims to "get the right people to apply for the right jobs" by delivering results-based attraction strategies and extending reach for talent.

The merger of the four companies will bring together more than 400 employees and over 2,000 clients, including some within the Fortune 500 companies such as Lenovo, Panasonic and PayPal.

“We are incredibly excited to join this group of companies, and are thrilled for what this means for our employees, our platform, and most of all, our customers,” said Jade Bourelle, CEO of Talemetry.

Other companies acquired are Jobvite, Canvas and RolePoint, and Dan Finnigan, CEO of Jobvite, will lead the combined company.

“Our focus is to help leading companies win top talent and build the best teams with an award-winning candidate experience,” said Finnigan.

“K1 provides unparalleled … expertise and vast resources that, in combination with (these companies), will offer our combined customers the most comprehensive solutions, knowledge, and services available in the market."