Private equity firm Symphony Technology Group has acquired TempBuddy, an Irish-based contingent workforce software provider, effective 23 November 2016.

The announcement was made today. The acquisition follows Symphony Technology’s acquisition of Bond International Software in November.

“The acquisition is a true testament to the originality of our staffing software that helps agencies get their best people to the right place at the right time,” Rod Smyth, CEO and founder, TempBuddy, said. “With such a strong financial backer to fuel our continued technological innovation and service delivery, large staffing companies can be confident in our future growth trajectory.”

“We have been talking to investors for some time and Symphony offered by far the best cultural fit and strategic platform to help us continue to develop our business, as well as the highest value,” Smyth said. “This is what all start-ups strive for: three years to the day from founding we have successfully sold to an entrepreneurial technology group who will support and accelerate our vision to make flexible work easier and more rewarding.”

“TempBuddy’s software is a welcome addition to our extensive HCM portfolio that includes First Advantage - the largest global background screening provider, Symphony Talent (which includes the Bernhard Hodes Group), Bond International Software and the UK analytics provider, Innovantage,” William Chisholm, Managing Director and Chief Investment Officer, Symphony, said. “We now offer employers and staffing organisations a holistic suite of services and solutions across the talent management space.”

“Catering specifically for the rising contingent workforce, and designed with a candidate and mobile first approach, TempBuddy is poised to be a market leader with STG’s backing and input,” Sunit Mukherjee, Principal, Symphony, said.

TempBuddy stated that it seeks to reimagine the deployment and management of temporary workers by tapping into the ubiquity of mobile devices, plus other technological advances such as biometrics and geo-tagging.