Watershed’s Parent Company, Learning Technologies Group, Acquires Breezy HR
Acquisition of Breezy HR brings a range of benefits to LTG, including strong organic growth potential, expansion of the Group’s talent acquisition offer across multiple markets, and the opportunity to rapidly enhance LTG’s enterprise product through integration of Breezy HR’s product features.
LONDON (April 17, 2019)—Watershed’s parent company, Learning Technologies Group plc (“LTG”), the leading provider of integrated talent management and learning technologies software and services, has announced the acquisition of Breezy HR.
Breezy HR provides small to medium businesses (SMBs) with feature-rich, intuitive and user-friendly recruitment software in order to optimize their processes and maximize productivity. The acquisition brings a range of benefits to LTG and Breezy HR itself.
The addition of Breezy HR to LTG’s best-of-breed learning and talent businesses is expected to further consolidate the Group’s position in the talent acquisition marketplace, extending its existing enterprise client base to include a new SMB audience. This move builds on LTG's acquisition of PeopleFluent in 2018, which introduced transformational talent management capability into the Group.
Integration activity is expected to leverage components of Breezy HR’s software to support swifter and richer feature releases to PeopleFluent’s enterprise product customers.
LTG Chief Executive, Jonathan Satchell, commented, “I am delighted to welcome our colleagues from Breezy HR into the Group. We are incredibly excited by Breezy HR’s exceptional talent acquisition software. Breezy HR has enjoyed strong organic growth and has excellent future potential, which we feel can be enhanced with support from LTG as part of our suite of integrated talent solutions.
“We will be seeking to realize swift synergies with our enterprise solution in the PeopleFluent business to the mutual benefit of both companies. It is our intention to bring PeopleFluent’s expertise to bear on the Breezy HR product roadmap, providing the necessary insight to enable further development of the SMB offer so that it also presents a compelling proposition to the mid-market segment.”
Breezy HR will continue to operate under its current brand identity, but will also function as a sub-brand within PeopleFluent, further extending the enterprise brand’s market while bolstering Breezy HR’s market positioning and visibility.
Breezy HR CEO, Darren Bounds, will continue with the business as Managing Director, in addition to joining the PeopleFluent senior leadership team.
Speaking of the acquisition, Darren Bounds commented, “Breezy HR’s mission has always been to provide a uniquely simple-to-use, yet powerful way to help businesses manage hiring processes. I'm thrilled to have the opportunity to combine our vision with that of Learning Technologies Group, enabling us to deliver greater business value and product innovation to both existing and future customers, all at a more accelerated pace than would have been possible on our own.”
An LTG Product Council has been established to ensure coordinated, complementary development of the overall suite of the Group’s talent products and to ensure that the desired synergies are realized as swiftly as possible.
Breezy HR is expected to operate as ‘business as usual’ throughout the 100-day integration.
Note: This news announcement first appeared on the LTG website.
About Breezy HR
Breezy HR is a recruiting platform and applicant tracking system that believes hiring doesn't have to be messy. Based in Jacksonville, Florida, and with customers around the world, Breezy HR has thrown out the traditional hiring model and replaced it with a set of tools that engage hiring teams, manage day-to-day chaos and ensure teams continue to attract and hire great employees with less effort.
To learn more, visit breezy.hr.
About Learning Technologies Group
Learning Technologies Group is a leader in the high-growth workplace eLearning and talent management industries. The Group offers end-to-end learning solutions ranging from strategic consultancy, through a range of content and platform solutions to analytical insights that enable corporate and government clients to close the gap between current and future workforce capability.
LTG is listed on the London Stock Exchange Alternative Investment Market (LTG.L) and headquartered in London. The Group has offices in Europe, the United States, Asia-Pacific and South America.
For more, visit ltgplc.com.