Staffing cloud computing company Bullhorn announced last week that it has acquired the fast-growing Marketplace partner SourceBreaker. The London based company with over 600 customers offers search and match solutions which increase recruiters’ productivity and help find the best talent across internal and external databases. The acquisition will further enhance Bullhorn’s portfolio of solutions for talent engagement across the entire candidate lifecycle, from sourcing to engagement, onboarding, and redeployment.
SourceBreaker, founded in 2014, has helped customers increase revenue and find scarce talent by improving the efficiency and productivity of their recruitment and business development professionals. SourceBreaker enables recruiters to easily create expanded search queries across internal and external databases to identify candidates who match the jobs they’re trying to fill, and customers have seen impressive results: over 100% increase in relevant candidates, one to two hours saved per recruiter per day, and three times as many opportunities for every candidate.
Bullhorn and SourceBreaker customer Harvey Nash increased placements and revenue generated per recruiter by using SourceBreaker to search for candidates across multiple sources at a time and doubling the number of relevant candidates shown. “Using SourceBreaker allows our recruiters to spend more time building personal relationships with candidates and less time searching online for profiles,” said Andy Heyes, Managing Director at Harvey Nash.
“We’re committed to helping solve our customers’ most pressing challenges, and at the top of the list right now is finding talent in today’s tight labor market. We believe the addition of SourceBreaker’s solutions to our portfolio will help staffing firms meet this challenge head-on by increasing recruiters’ productivity and ultimately boosting their fill rates,” said Matt Fischer, President and COO of Bullhorn. “As a successful Marketplace partner, SourceBreaker already serves hundreds of Bullhorn customers, and we look forward to bringing their solutions to even more of our customers.”
We believe the addition of SourceBreaker’s solutions to our portfolio will help staffing firms meet this challenge head-on by increasing recruiters’ productivity and ultimately boosting their fill rates.
“We created SourceBreaker to change the way recruiters search,” said Steve Beckitt, founder and CEO of SourceBreaker. “Now more than ever, our products can help expand the pool of talent and identify better matches between candidates and jobs. We’re incredibly excited to expand our reach by joining forces with Bullhorn, and we’re all looking forward to joining the team.”
Now more than ever, our products can help expand the pool of talent and identify better matches between candidates and jobs.
The SourceBreaker senior leadership team, including Steve Beckitt and Adam Dale, will remain with the company, and SourceBreaker will continue to serve customers who use CRM and ATS solutions other than Bullhorn.
The talent shortage is the top challenge facing global recruitment industry professionals in 2022, according to half of the 4,000 professionals surveyed in Bullhorn’s “GRID 2022: Recruitment Trends Report.” Consequently, candidate acquisition was named as the top priority by survey respondents, and a quarter of respondents indicated that sourcing candidates is their top recruitment challenge. As the talent shortage persists, recruiters need the ability to find candidates as effectively and efficiently as possible in order to stay competitive.