NXTThing RPO, LLC
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NXTThing RPO, LLC - overview
Established
2018
Location
Columbus, OH, US
Primary Industry
Outsourcing
About
Based in the US, NXTThing RPO, LLC operates as a Recruitment Process Outsourcing firm, integrating advanced technology with human expertise to enhance talent acquisition for various industries. NXTThing RPO, LLC is a Recruitment Process Outsourcing company that focuses on optimizing hiring processes. Founded in 2018 in Columbus, US, the company has undergone a strategic merger with Hireku, Inc. and Jobvite, Inc.
in April 2021, creating a more comprehensive talent acquisition provider. The CEO, Terry Terhark, leads the company, which has completed a total of 2 deals to date, with the most recent deal occurring on April 26, 2021. NXTThing RPO specializes in Recruitment Process Outsourcing (RPO) services that integrate advanced technology with personalized human interaction to enhance talent acquisition for organizations across various sectors. Their core offerings include a comprehensive Talent Intelligence Platform, which leverages data and analytics to facilitate superior hiring decisions, and tailored recruitment marketing services designed to elevate employer branding and attract top talent.
Additionally, they provide strategic consulting services to optimize recruitment processes and align talent acquisition strategies with business goals. NXTThing RPO serves a diverse client base ranging from startups to Fortune 100 companies, focusing on life sciences, automotive, logistics, retail, and professional services, with solutions deployed across North America, Europe, and Asia-Pacific. NXTThing RPO generates revenue primarily through its RPO solutions, which may involve structured engagements such as subscription-based partnerships with clients seeking long-term talent acquisition support. The company's flagship Talent Intelligence Platform is offered as part of its service package, allowing clients to optimize their hiring processes through data-driven insights.
Engagements can range from short-term projects to ongoing partnerships, allowing businesses to scale their recruitment efforts based on demand. Pricing plans for these services reflect the complexity and customization of the solutions provided, ensuring clients receive tailored support that aligns with their unique recruitment needs. These transactional relationships are characterized by a strong commitment to delivering measurable outcomes that drive client success in talent acquisition. NXTThing RPO plans to leverage the merger completed in April 2021 with Hireku, Inc.
and Jobvite, Inc. to enhance its service offerings and expand into new markets. The company aims to introduce new features and services within its Talent Intelligence Platform, with specific launches expected in the upcoming quarters. Furthermore, NXTThing RPO is targeting expansion into European and Asia-Pacific markets by the end of 2023, utilizing the combined capabilities of the merged entities to provide comprehensive talent acquisition solutions for a broader client base.
Recent funding from the merger will support these initiatives by enhancing product development and market outreach.
Primary Industry
Outsourcing
Sub Industries
Consulting Services, Recruitment/Executive Search
Website
www.nxtthingrpo.com
Company Stage
Buyout
Total Amount Raised
Subscriber access only
NXTThing RPO, LLC - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Buyout | Completed | NXTThing RPO, LLC | - | ||||||||
| Merger | Completed | Hireku, Inc., Jobvite, Inc., NXTThing RPO, LLC | - |
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