Key highlights of the acquisition
- Geographical expansion: This acquisition enables us to extend our operations into Germany, Austria and Switzerland, crucial markets for growth and strategic objectives.
- Strengthened market position: Combining the technology of the HRD Group with our expertise strengthens our position as a leader in the talent assessment industry.
- Enhanced product portfolio: The integration of the HRD Group's scientifically validated assessment solutions with Assessio’s robust suite of HR tools will offer our clients even more comprehensive and data-driven solutions for optimising human capital.
Assessio’s CEO Johan Masironi comments on the acquisition:
“Apart from the HRD Group fitting perfectly into our strategy, I am impressed with what the team has achieved in the DACH market. They are highly respected for their expertise and have successfully created processes for large clients with high demands, which customers are very satisfied with. We plan to grow both the existing product they have in the market today, and in parallel, start new sales of the Assessio platform here.”
Andreas Frintrup, former CEO of HR Diagnostics also comments on the acquisition:
”I am delighted to see S&F Personalpsychologie and HR Diagnostics becoming part of the pan-European Assessio Group going forward. Both companies are built on high scientific standards in psychometrics and are committed to a ’Zero Talent Waste’ strategy. The purpose of both organisations is to provide their customers and their employees with sophisticated, unbiased and scientifically proven measures for pre- and post hire decison making and career guidance."
Anastasia Kovaleva, partner at Pollen Street Capital, says:
“We are pleased to welcome the HRD Group into the Assessio family. The acquisition will give Assessio access to the DACH region, helping drive increase in maturity and adoption of data-driven talent assessment and development in the region. The acquisition also supports Assessio’s strategy of becoming a leading pan-European provider of tech-led talent management solutions.”
About the HRD Group:
Headquartered in Germany, HR Diagnostics is renowned for its innovative and scientifically validated assessment solutions. These tools are designed to support organisations in their hiring processes, employee development, and talent management strategies. S&F Personalpsychologie, founded in 1998, serves as the parent company of HR Diagnostics and specialises in the tailor-made development and execution of psychological aptitude assessment procedures.
S&F Personalpsychologie and HR Diagnostics employ 26 staff, achieve a turnover of €5.5 million, and serve around 260 clients, including prominent names like Volkswagen, Mercedes, BASF and federal authorities, operating from locations in Stuttgart, Munich, and Berlin.
Visit HR Diagnostics' website.
Visit S&F Personalpsychologie's website
