Growth continues for Cirencester business following acquisition
Cirencester based Kallidus has acquired recruitment software firm Advorto. Kallidus is a HCM software specialist and the deal was supported by funding from Royal Bank of Scotland’s Corporate Transactions team. .
The acquisition will allow the firm to provide recruitment management software as part of its talent management suite.
Established in 2000, Kallidus provides trusted learning and talent solutions and consultancy services to private and public sector organisations, including brands such as McDonald’s, O2, Transport for London and Eurostar.
Founded in 1998, Advorto is a London based firm that delivers talent recruitment software solutions for major blue-chip companies including the NHS.
Iain Slater, Finance Director at Kallidus comments: “We are pleased that the acquisition of Advorto has been a success.
“The firm has an excellent fit with Kallidus and the integration of its products will allow us to add recruitment management and applicant tracking software to our current offering.
“We are undergoing an exciting period of growth at Kallidus and the acquisition is one of many elements of our expansion strategy.”