BOXINGTON COMPLETES SALE OF GLOBAL SAAS TECHNOLOGY PROVIDER SONRU

B2B specialist M&A advisor, Boxington, has advised the Shareholders of the global SaaS video interviewing provider, Sonru, on its strategic sale to pre-employment solutions group Modern Hire.

Sonru is a market-leading provider of SaaS-based video interviewing in the EMEA and APAC regions. Headquartered in Ireland, Sonru’s award-winning automated online video solution enables clients, including a number of the Fortune Global 500, to engage, interview and hire better candidates more efficiently.

Modern Hire is a leading US-based provider of pre-employment solutions backed by Riverside, a global private equity firm. Modern Hire’s solutions integrate interviewing, assessment, predictive analytics, and AI technology to provide clients with a data-driven hiring experience.

The acquisition of Sonru represents Modern Hire’s first significant step into the EMEA and APAC market and is the cornerstone to its future growth plan in the regions over the coming years.