ISH Group expands with Acquisition of Staff Squared

Adam Reynolds

ISH Group expands with Acquisition of Staff Squared

Exeter, UK, 17/06/2024 – ISH proudly announces its latest achievement with the acquisition of Staff Squared, a core HR platform based in the UK, specializing in serving small to medium sized and growing businesses, with core HR functionalities including absence and holiday management, staff information, company information, and more. This strategic move pushes the ISH customer count to over 2,200 and enhances the entire ISH group's position in the HR software market, benefiting Jobtoolz, Homerun, and Hirehive, and bolstering the ISH family of innovative HR solutions.

Following the successful acquisitions of Jobtoolz in June 2023, Homerun in December 2023, and Hirehive in May 2024, Staff Squared represents the latest addition to ISH’s portfolio. ISH's strategic approach to acquiring and scaling promising SaaS businesses, combined with its dedication to supporting entrepreneurial growth, underscores the value proposition of this acquisition.

Adam Reynolds, co-founder and Managing Partner of ISH, expresses his enthusiasm for the partnership: "It is a fantastic opportunity to welcome Staff Squared into the ISH family. Their brilliant HR functionalities and dedication to customer satisfaction make them a perfect fit for our expanding portfolio. With the addition of their functionalities, we’re now able to service our customers’ needs from attracting talent to managing talent. We are confident that together, we will drive Staff Squared to new heights of success."

Bob Neveu, CEO of Staff Squared, shares his gratitude for the successful acquisition by the ISH Group: "I am immensely grateful for Staff Squared to become part of ISH. This collaboration will enable the company to accelerate its growth and better serve its customers with enhanced resources and support as I step away”.

About Staff Squared

Staff Squared is a UK-based core HR platform designed specifically for small to medium-sized and growing businesses. It offers essential functionalities such as absence and holiday management, centralized staff information, and more. Staff Squared's innovative software simplifies HR processes, making it easier and more efficient for businesses to manage their HR needs. Staff Squared has built a strong reputation and an extensive client base, including well-known organizations such as Onecall24, NEOM Organics, HR180, Sloane Court Clinics, Apex Ventures Fund Services Limited, West Tech Shipping, Fresh Futures, Highway Resource Solutions, Taylor & Hart, and ClearSky Logic.

For more information, please visit https://staffsquared.com/.

About ISH

ISH was created with the vision of building a strong portfolio of founder-run SaaS companies by investing early and providing support to existing teams. Combining the expertise of private equity specialists and experienced SaaS entrepreneurs with multiple successful exits, ISH aims to elevate the businesses it invests in by introducing capital and skills while preserving the entrepreneurial spirit and existing management.

ISH is backed by Michael Richards, Adam Reynolds and Strada Partners.

For more information, please visit https://invsholdings.co.uk/.

About Strada Partners

Strada Partners is a European investment fund founded by Matthias Vandepitte and Bart Wouters, with a focus on technology-driven companies. With extensive experience in private equity, the team at Strada Partners specializes in supporting growth businesses in sectors such as software, healthcare, and services. Strada Partners seeks to build a concentrated investment portfolio of companies with the potential for long-term growth on a pan-European scale. Previous investments include TOBA, AXI, ISH, Elsyca and Tresco.

For more information, please visit https://strada-partners.com/.