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NEW YORK (July 16, 2019)
Worldwide, a global leader in talent
acquisition technologies, announced that it has acquired Perengo, a
programmatic recruitment platform that helps large companies automate and
improve their recruitment process. The Perengo team, with experience rooted in
state-of-the-art ad-tech, has developed a pioneering, AI-driven programmatic
recruitment platform. By combining Perengo’s technology with TMP’s TalentBrew
platform’s proprietary network intelligence, the outcome is an offering that
will be transformative to our customers. TMP Worldwide can now deliver end to
end, personalized candidate experiences via an AI driven, multi-channel
candidate acquisition strategy optimized to meet quality, efficiency and time-to-fill
objectives for each job.
“The acquisition of Perengo
further advances our commitment to provide our clients with the most robust and
efficient recruitment technology in the industry,” said Michelle Abbey,
President and CEO of TMP Worldwide. “The combination of ambition and
differentiating technology makes them the perfect addition to both our team and
“Since the first meeting
with TMP Worldwide, it was clear to all of us that we share the same strategic
vision and goals,” said Mike Kofi Okyere, Perengo’s CEO. “Together, we are
looking forward to accelerating the pace of innovation within the recruitment
Perengo is a programmatic
recruitment platform for performance-conscious recruiters. High-growth
businesses and Fortune 500 companies use Perengo to solve their recruitment
challenges at scale. The platform offers solutions for operational recruitment
automation and strategic business intelligence. Perengo was founded in 2015
with the goal of bringing state-of-the –art advertising technology to the
About TMP Worldwide
TMP Worldwide is a global
leader in talent acquisition technologies, committed to finding new ways to
leverage software, strategy and creative to build talent and enhance our
clients' employer brands – across every connection point. From healthcare to
government to retail to technology and everything in between, we've revolutionized
the way companies and candidates connect.
About Gemspring Capital
Capital is a private equity firm with $355 million of equity capital under
management that focuses on making control and structured equity investments in
middle market companies headquartered in the United States and Canada.
Gemspring partners with talented management teams and takes a hands-on approach
to driving revenue growth and value creation. Target companies have up to $350 million in revenue
and are in the business services, healthcare services, industrial services,
software and tech-enabled services or specialty manufacturing sectors.