Pairing of Leviathans Captures 3/5 of Talent Management Market Space

A possible sign of gathering confidence in the economy and hiring outlook, talent management technology acquisitions are heating up. Just last week, private equity firm Bedford Funding acquired PeopleClick, a well-known developer of talent acquisition and workforce compliance and diversity solutions, for $100 million. Bedford's portfolio already included Authoria, provider of the industry's first fully integrated talent management solutions. With its acquisition of PeopleClick, Bedford spent one-eighth of the $800 million in capital it has available for investments in the software and IT sector. The full press release is on TMT.