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Acquisitions: The Liberty Group acquires Apartment Advantage, HireBetter acquires Diverse Recruiting Experts

November 04, 2022

The Liberty Group, a Houston, Texas-based provider of specialty temporary staffing, executive search and employee screening services to the multifamily residential real estate industry, announced the acquisition of Apartment Advantage, a Greater Seattle, Washington-based full-service apartment staffing firm. Meanwhile, HireBetter, an Austin, Texas-based strategic talent provider, acquired Diverse Recruiting Experts, a recruitment firm based in Austin.

The Liberty Group

The Liberty Group's acquisition of Apartment Advantage expands its existing offerings in the Seattle market and adds a new geographic territory with the addition of the Portland, Oregon market.

"The Pacific Northwest is an attractive and thriving multifamily real estate market. By adding Apartment Advantage, we not only gain access into Portland, but we also expand our presence in Seattle, allowing us to better serve clients in both markets,” said The Liberty Group CEO Matthew Smith.

The Liberty Group is a portfolio company of The Halifax Group, a Washington, DC-based private equity firm.

The terms of the transaction were not disclosed. 

HireBetter

HireBetter expects the acquisition of Diverse Recruiting Experts to boost its services, including the foundation for its new recruiting-as-a-service model, which is scheduled to launch in January 2023.  

“We are thrilled to continue expanding and evolving HireBetter’s vision in service to our incredible clients,” said HireBetter President and CEO Cisco Sacasa. “DRE’s strong background in sourcing diverse talent through their sourcing-as-a-service model will allow us to strengthen our recruiting expertise.”

As part of the acquisition, DRE founder Cody Horton will join HireBetter’s leadership team.

“I’m excited to join forces with HireBetter to transform companies by leveraging our sourcing tools and strategies to launch the recruiting-as-a-service offering in 2023,” Horton said. “It’s an exciting opportunity to shape the future of talent in the workplace.” 

The terms of the transaction were not announced.