People analytics platform PredictiveHR has acquired the Recruiting Services Division of Method3, an RPO and IT staffing services provider.
Boston-based PredictiveHR said the acquisition will strengthen its existing offerings and help it provide both predictive people analytics and recruiting services to its customers. Method3, headquartered in Camp Hill, Pa., will retain its IT Technology Staffing unit and become a PHR reseller.
PHR streamlines reporting by connecting unstructured employee data that’s stored across multiple HR systems. Its platform uses them to create a single data set generate more meaningful reports and “true” predictive analytics. In June, the company raised $1 million from angel investorsPredictiveHR: Acquisition of Method3's RPO will strengthen offerings and help provide both predictive people analytics, recruiting services to customers. @TalentData @Method3 #HR #HRTech #RPO Click To Tweet
The company also offers recruiting solution services that apply analytics to recruiting activities. These include on-demand recruiting, sourcing services and systems, and recruiting workflow review and optimization.
In July, PredictiveHR partnered with ENGAGE Talent to offer a platform that melds internal employee data with analytics on industries and competitors. The companies said the joint product is the first to compile on a single platform all of an organization’s internal talent data, AI-driven metrics, external industry and competitor information, analytics and reporting.
‘Full’ People Analytics Solutions
Between the ENGAGE Talent deal and the acquisition of Method3, PHR says it can provide customers with a full talent-management solution that includes the capability to review internal employees, applicants and external candidates.
“We now have the ability to offer our customers a strategic project management-based recruitment solution, which allows for a shorter hiring cycle, lower costs and provides an end-to-end platform driven by data and metrics,” said CEO Jamie Troiano. Method3 CEO John Laporta said the RPO unit’s sale to PredictiveHR will provide its customers with “a comprehensive RPO solution.”
PHR already has a recruitment solutions center in Harrisburg, Pa., which it plans to expand. The company said its investment in the area will both support product development efforts and give it access to the areas “untapped talent.”
Method3 said it will continue growing its Technology Services division, which offers tech staffing services, project management and consulting.
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