Inverness Graham-backed SwipeClock acquires ApplicantStack
Inverness Graham Investments’ workforce management SaaS software portfolio company, SwipeClock, has acquired ApplicantStack.
The acquisition rounds out Swipeclock's software suite, adding recruiting to its scheduling, time tracking and HR engagement soultions. Based in North Carolina, ApplicantStack is a leading provider of applicant tracking software that allows small and medium-sized businesses and recruiters to efficiently manage the process of soliciting, tracking, interviewing, and hiring top employees.
"We are very excited to close the second add-on for SwipeClock during the first 18 months of our ownership," says Trey Sykes, Managing Principal of Inverness Graham. "With the addition of ApplicantStack, and Shugo early in 2018, SwipeClock has progressed from offering a best-in-class time and attendance product to delivering the leading integrated suite of human capital management solutions that addresses the needs of small and medium-sized businesses seeking to optimise the management of their workforce."
Coleman Barney, CEO of SwipeClock, adds: “We have really focused on the needs of our end customers and partners, including payroll service bureaus and payroll software vendors, in building our simple and easy-to-use solution. Our offering, after the add-on acquisitions of ApplicantStack and Shugo, now enhances the management of human capital through the entire lifecycle of most employees working at typical small to medium-sized organisations."