Boston-based Erecruit Holdings LLC, a provider of enterprise software for staffing firms, is merging with staffing and recruitment software provider Bond International Software.

Private equity firm Symphony Technology Group, which acquired Bond in November, will become the majority owner of the combined entity. North Bridge Growth Equity, which made a $25 million minority investment in Erecruit in 2014, will retain a minority ownership stake.

“The Symphony Technology Group has certainly shaken up the staffing software space over the past 12 months with its investments in Bond, then TempBuddy and now Erecruit,” said John Nurthen, executive director, global research at Staffing Industry Analysts. “Customers will be wondering what this merger will mean for them and the newly combined business will need to prove that its enhanced scale and reach will quickly translate into enhanced products and service delivery at a time when their clients are demanding even greater technological sophistication.”

Erecruit CEO David Perotti will become CEO of the merged organization and the companies will continue to invest in their core flagship products. The transaction increases the firms’ operational scale and extends geographical reach across the US, Europe and Asia. It also more than doubles the size of the employee base, and expand the product portfolio.

TempBuddy, an online tool for managing contingent workers that merged with Bond in November, will be fully integrated into Erecruit’s enterprise software platform. The combined products will offer front-office, middle-office, onboarding and full VMS modules.

“The merger with Bond combined with the STG partnership positions the combined company as a stronger and more scalable player with the ability to serve the needs of the global staffing industry,” Perotti said. “It is a ‘win win’ for all customers as the now global company will be focused on innovative product development, increasing customer satisfaction and improving support.”

Founded in 2003, Symphony Technology Group has experience in the human capital management space and investments in several assets complementary to Bond’s, including JobRapido; Symphony Talent, which includes the Bernhard Hodes group; background screening provider First Advantage; and Innovantage Group, a UK-based Analytics provider in the talent ecosystem.

“STG’s significant investing experience in the HCM space has given us a unique perspective into trends shaping the industry such as the escalating war for talent, the consumerization of recruiting and the rapidly shifting online recruiting landscape,” said William Chisholm, STG’s managing director and chief investment officer. “Our acquisition of Bond was the first step in our goal of building a market-leading provider of innovative and differentiated software and analytics to help the staffing industry navigate these trends. With the acquisition of TempBuddy and now, the merger with Erecruit, we are continuing down the path of realizing that vision.”