HarQen, a video based talent acquisition software provider has been acquired by one of it’s board members, the company has announced. Reports say the company will move to Brookfield, Wisconsin and double the staff.
To my knowledge this is the first video interview platform that has been acquired. I could be wrong about that but I think it may be the first of several others who may soon be acquired. Video in the hiring process is gaining wide acceptance and would certainly benefit ATS vendors who don’t yet have it as a feature.
Congrats to the team at HarQen.
Full Press Release
Investor and staffing industry expert, Mr. Stuart Olsten, announced the acquisition of the majority interest in HarQen, LLC, a Milwaukee-based talent acquisition software development company.
A HarQen board member for seven years, Stuart Olsten will serve as the executive chairman of the company. He is renowned for his expertise in staffing and knowledge of the human resources industry, leadership skills he will apply to growing HarQen’s Talent Acquisition business.
“HarQen is an innovative company with a cutting-edge platform that continues to revolutionize and streamline the hiring and recruiting process for businesses. HarQen’s digital interviewing applications eliminate the frustration and delayed communication many people experience while searching for employment,” stated Stuart Olsten.
“The use of flexible and convenient digital technology by companies is essential if they want to recruit and hire the best global talent. HarQen is an industry leader in its ability to customize its talent acquisition platform for businesses that recognize the cost and time benefits of incorporating our mobile applications into their recruitment processes,” said Stuart Olsten.
Stuart Olsten appointed Ms. Suzanne Kinkel as president of HarQen. Colleagues for many years, he offered the position to Suzanne Kinkel, a former executive of Olsten Staffing and CEO of The Talent Logics Group, “because of her extensive knowledge and experience in the recruitment industry,” said Stuart Olsten.
“I was honored when Stuart Olsten approached me with this opportunity to lead HarQen as president. Stuart Olsten and I have collaborated on many projects over the years. I have spent my entire career in the recruitment and staffing industry both as a consultant and client, and I recognize the value HarQen’s platform brings to the hiring process.
“I had the opportunity to work closely with the HarQen team while consulting with one of their clients. I saw firsthand the HarQen team’s dedication to improving the hiring results for a company that interviews more than 100,000 candidates a year. My move to HarQen was an easy decision after that experience. There is no limit to where we can go with HarQen’s talent acquisition platform and its customer-focused team,” stated Suzanne Kinkel.