Cadient Acquired by Basis Vectors Capital to Boost Hourly Hiring Sector

Cadient, a leader in talent acquisition for the hourly hiring sector, has been acquired by Basis Vectors Capital, aiming to enhance Cadient's growth through innovation and strategic partnerships. As HR tech remains a top budget priority for the third consecutive year, this collaboration positions Cadient for significant market expansion.

The details of the acquisition, which will see Cadient's CEO Jon Puckett continue his leadership role, were not disclosed. With a rich history spanning over two decades, Cadient has revolutionized the recruitment process, processing over 670 million candidates and achieving more than 7 million hires, which has led to reduced turnover and increased productivity in industries such as healthcare, hospitality, and retail.

Jon Puckett expressed enthusiasm about joining forces with Basis Vectors Capital to further Cadient's mission in transforming talent acquisition with scalable solutions. Both companies are aligned in harnessing this partnership to enhance service value and pursue ambitious expansion objectives.

Founded in 2002 and grounded in simplifying the complexities of hourly hiring, Cadient's approach combines their extensive expertise with innovative technology. Their dedication to improving hiring outcomes has established Cadient as a significant player in the sector. Basis Vectors Capital, recognized for its strategic investments in the B2B SaaS space, aims to leverage Cadient's success to address the growing demand for efficient hiring solutions.