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Reading: Assessio Announces Acquisition of Wisnio to Boost HRTech Offerings
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Home > News > Assessio Announces Acquisition of Wisnio to Boost HRTech Offerings
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Assessio Announces Acquisition of Wisnio to Boost HRTech Offerings

Shalini Pathak Published Sep 9, 2024
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Assessio Announces Acquisition of Wisnio to Boost HRTech Offerings
Assessio Announces Acquisition of Wisnio to Boost HRTech Offerings
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Assessio, the leading assessment company within strategic HR in the northern European region, has recently announced the acquisition of Wisnio, a fast-growing HR tech provider of talent assessment and development solutions. With this acquisition, Assessio will be able to combine its scientific rigour with Wisnio’s expertise in new HR technology, which is known for its great UI and UX and advanced genAI features.

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The deal, which Pollen Street Capital backs, demonstrates Assessio’s commitment to expanding its portfolio of cutting-edge solutions to deliver comprehensive talent management solutions to a wide range of clients across Europe and beyond. With the addition of Wisnio, the Assessio Group now serves over 2000 customers with a team of around 170 employees. The acquisition will accelerate Wisnio’s global expansion, particularly in key markets like the UK and US, where strong customer relationships are already established.

Commenting on the acquisition, Johan Masironi, CEO of Assessio, said:

We are thrilled to partner with the team at Wisnio who have developed a product that is highly valued by their customers. Their strong focus on tech and AI aligns perfectly with our strengths at Assessio. With Assessio’s expertise in science and data-driven solutions, we believe this collaboration is not just a good fit, but a strategic one that will be beneficial for both parties. Their team will play a significant role in improving hiring and team-building dynamics. By joining forces, we see a strategic opportunity to expand into international markets, including the UK and the US.

Founded in 1954 by psychologists in Sweden, Assessio specializes in psychometric consultation services. It functions as a locally-based and individually motivated consulting firm. With decades of experience and expertise in HR, technology, psychology, and significant data, the organization offers recruiters and HR professionals a modern, data-driven, and innovative approach to recruiting, development, and performance decision-making.

Alo Arro, CEO of Wisnio, added:

We are truly excited about this partnership with Assessio. The combination of their proprietary scientific resources with our workflow tools and generative AI capabilities positions us to not just lead, but to set the standard in the market in our segments. Our goal is clear: to become the market-leading solution that supports business leaders with critical hiring and people development decisions globally. Thank you to the Assessio and Pollen Street teams for placing their trust in us, we are excited to see what we can build together.

Anastasia Kovaleva, Partner at Pollen Street Capital, also commented:

We are pleased to welcome Wisnio into the Assessio family. This strategic acquisition will not only accelerate Assessio’s expansion into private equity and executive search customer segments, support growth beyond the Nordics and Benelux, enhance Assessio’s post-hire offering, and add to the group’s generative AI capabilities, but also reinforce Assessio’s commitment to innovation in the HR tech space. All this aligns perfectly with Assessio’s strategy of delivering greater value to its clients globally. The acquisition is a testament to Pollen Street’s commitment to supporting our portfolio companies in achieving their full potential and driving transformational change in their industries.

Wisnio combines data from individuals who form a team for an AI-powered approach to team development, hiring, onboarding, and succession planning. The platform makes powerful talent data fast and actionable to support business leaders with their most critical people decisions.

TAGGED: Artificial Intelligence, Data-Driven, Employee, Hiring, HRTech, Human Resources, Mergers and Acquisition, Online Recruitment, Talent Recruitment
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By Shalini Pathak
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Shalini Pathak is a Staff Writer at EdTechReview (ETR) - India's leading edtech media & community. She has over four years of experience in media, covering different beats. Like all writers she's an enthusiastic reader first with a passion to create out of the box content, and an ability to write about any topic. As a part of the ETR team, she will cover the latest in the edtech industry with a focus on edtech startup stories and their funding.
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