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NEW YORK, NY – Digital Capital Advisors, a premier global investment bank dedicated to serving innovative digital media and technology companies through sell-side and buy-side M&A, is pleased to announce that it has served as exclusive financial advisor to Talenya Ltd. (“Talenya” or the “Company”), an automated talent sourcing platform that revolutionizes the way companies source and recruit candidates using advanced AI, on its sale to Paycor, Inc. (“Paycor”) (NAS:PYCR), a HCM software company focused on modernizing people management across the recruitment and employment spectrum.
“Digital Capital Advisors is proud to have advised Talenya and its shareholders on its successful sale to Paycor. Talenya has built an innovative, market-leading platform that has changed how companies view the recruiting and hiring process. The Company’s ability to tap into the world’s largest pool of talent data of over 1.5 billion profiles will help Paycor remain the leader in HCM software solutions and further support the evolution of the industry,” said Andrew Daniel, Managing Director at Digital Capital Advisors.
Talenya’s platform integrates with companies’ internal applicant tracking systems (ATS) before automatically sourcing and targeting a list of qualified candidates. The platform automatically contacts potential candidates using a sophisticated engagement campaign, helping employers reduce costs and efforts during the recruiting process. The incorporation of Talenya into Paycor’s offerings will provide customers with an innovative and streamlined way to source talent, as well as a seasoned, experienced management team.
“Given the importance of recruiting and retaining top talent in this highly competitive labor market, Paycor is dedicated to giving leaders the technology and expertise they need to develop winning teams. This AI-powered technology will enhance our industry-leading talent solution, making it even easier for frontline leaders to proactively find skilled and diverse talent quickly and cost effectively. We are excited to welcome Talenya to the Paycor family,” said Raul Villar, Jr., CEO of Paycor.
“We are proud of what the Talenya team has accomplished in the last few years. We are thrilled to join forces with Paycor, a leader in HCM, and help leaders find and hire the right talent in a more efficient way,” said Gal Almog, CEO and Co-Founder of Talenya.
About Talenya
Talenya is the world’s first, automated talent sourcing platform that uses advanced AI solutions to automate the talent sourcing and recruiting process. The company has changed the way in which recruiters uncover talent, tapping into the world’s largest database of 1.5 billion profiles, to find and engage with the most qualified and diverse candidates for your roles, and to effortlessly turn them into applicants. Talenya can be optimized for sourcing of diverse talent, using algorithms to boost participation of underrepresented candidates in the hiring pipeline, resulting in companies gaining additional interviews with qualified and diverse talent while minimizing cost and time related resources. For more information, please refer to the Talenya website at https://www.talenya.com.
About Paycor
Paycor creates human capital management (HCM) software aimed to modernize all aspects of people management from recruiting to onboarding, dates and serving over 40,000 businesses nationwide. For more information, please refer to the Paycor website at https://www.paycor.com.
About Digital Capital Advisors
Digital Capital Advisors is the premier global investment bank dedicated to serving innovative digital media and technology companies through sell-side and buy-side M&A. DCA’s global perspective is fostered by the unique composition of its team – CEOs, entrepreneurs, venture capitalists and world-class investment bankers who have helped shape the technology landscape. With offices in New York City, San Francisco, Tel Aviv and Berlin, DCA specializes in cross-border transactions and has unlocked maximum value for clients on deals spanning twenty countries around the world. Its unparalleled operational DNA, global reach, and exclusive focus in the digital ecosystem further enhance its expertise and unify DCA’s professionals with their clients