LDC-backed talent tech firm Talos360 has acquired global performance management software platform, Appraisd.
The acquisition, funded by LDC, marks an important milestone for Warrington-based Talos360 as it expands to offer clients a fully integrated talent suite.
Talos360 is one of the UK’s fastest growing HR software businesses, helping over 800 businesses hire and retain the best talent, thanks to their applicant tracking system and innovative talent technology.
Talos360 received investment from leading mid-market private equity firm LDC in 2022.
Janette Martin, CEO at Talos360 and one of BusinessCloud’s Northern Leaders 2024, said: “This is a pivotal moment for our business.
“We’re passionate about developing proprietary award-winning talent technology for our clients, and now, in 2025, we’re delighted to welcome Appraisd as a key highlight of our Talent Operating System.
“Talos360 customers can now access even more innovative talent technology to develop their people, helping HR, leadership and management teams to achieve the best results for their business.
“This move reinforces our commitment to creating a seamless, data-driven employee journey, from hire to retire and reflects our ambitions to continually solve the challenges faced by HR professionals to optimise workforce management.”
Martin took the reins of Talos360 in 2021 and has embarked on an ambitious expansion drive.
The company increased technology sales by 55 per cent to £5.1m in the year ending 31 December 2023, up from £3.3m (FYE: December 2022).
The acquisition of Appraisd adds a strategic layer to Talos360’s talent operating system portfolio as part of their buy, build and integrate growth initiative.
Integrating Appraisd with Talos360’s applicant tracking system will ultimately enable their clients to manage, develop and enhance the full candidate and employee lifecycle, across the entire hire-to-retire journey.
Appraisd has been on its own exciting growth trajectory since its inception in 2012 and currently powers positive employee performance in over 65 countries.
With 210 clients, Appraisd offers advanced performance management capabilities from probation reviews to objectives, appraisals and 360 feedback. Appraisd provides workforce solutions that both complement and enhance the existing Talos360 product range.
The deal will expand Talos360’s operations into the USA, Singapore, South Africa, UAE, Australia, and Canada, alongside its established presence in Europe.
Appraisd was the vision of Roly Walter, founder and CEO, who will be continuing his journey with the Talos360 team.
He added: “As a people-first business, it was important that Appraisd found the right home, within the right team and culture. With a great blend of product fit and company values I’m excited to see what the future holds for Appraisd within the Talos360 product family, and the ambitious growth strategy ahead.”
John Clarke, partner at LDC, added: “This acquisition represents a key milestone for Talos360, as it expands and diversifies its product portfolio. Appraisd is a fantastic strategic fit which has enjoyed strong growth historically and we are looking forward to supporting the Talos360 management team in integrating Appraisd into its business.”
Debt funding for the acquisition was provided by DunPort Capital Management.
Talos360 was advised by Fellwood Advisory (debt), Hill Dickinson (legal), RSM (corporate finance) and K3 Advantage (due diligence).
Appraisd was advised by Barnsgate Solutions, GrowBe and Debenhams Ottaway.