Phenom’s Made its 4th Acquisition in 16 Months as the HR Tech Biz Expands its European Reach

In the first half of 2021, HR tech company Phenom announced three acquisitions as it bolstered its business for an inevitable IPO. And here comes the fourth:

Today, the Ambler-based company announced it has acquired 2013-founded Tandemploy, a Berlin-based HR tech company focused on solving key problems associated with employee experiences.

The addition enhances Phenom’s AI-powered Talent Experience Management (TXM) platform’s capabilities and grows its presence in Europe, the company said.

Phenom aims to streamline and personalize the hiring process, including for applicants and recruiters. The acquisitions at the end of 2020 and in 2021 upgraded the company’s platform to include video integration, data optimization and omni-channel interview scheduling features. Tandemploy’s featured technology is a matching algorithm that recommends pairings among peers, mentors, project leaders and subject matter experts by analyzing skills-based data and individual goals. Its European customers use it for employee belonging and for advancing organizational-wide goals.

Read the full article here.

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