Recruitment software company Volcanic has been acquired by Access Group.
Stockport-based Volcanic, which provides SaaS-based website and marketing technology platforms for the recruitment sector, also has offices in Malaysia, Sydney, the USA and Mexico.
Supporting over 600 customers across three continents, it employs 94 people and last year saw a huge 70 per cent rise in EBITDA to £47.6 million while revenues rose 42 per cent to £143.1m.
Colchester-based Access Group, a provider of software to growing mid-market businesses, already works with over 40 per cent of the UK’s top 500 agencies and 75 per cent of the top 20 agencies.
“Access is excited to welcome Volcanic into our family,” said Paul Vogel, MD for Access’ recruitment division.
“The addition of Volcanic to our solution suite further strengthens our candidate to cash proposition and our overall presence in the recruitment market.
“We look forward to deepening our relationship with Volcanic’s customers over coming months and years, while further supporting their business.”
Rob Wilde, CEO and founder of Volcanic, said: “Access’ customer-centric culture and its desire to offer business enabling technology is aligned to Volcanic’s.
“Access’ desire to fuel efficiency, productivity and collaboration in the recruitment sector will be further enhanced with the integration of Volcanic’s proven recruitment technology and will allow us to play an integrated role connecting key technologies in the recruitment and HR ecosystem.”