"Together we will be delivering the experience the modern candidate and the future of all workers demand—in a manner that informs and accelerates smarter hiring decisions."
—Kurt Heikkinen, CEO
“By joining teams, we will be able to help clients transform Talent Acquisition operations to more effectively and efficiently meet the needs of their internal business stakeholders.”
—Brian Stern, President
- 47 of the Fortune 100
- 15 million candidates
- 200+ countries
- 21 languages
- 35 IO psychologists & data scientists
Merger in the Media
- Wall Street Journal
- Aptitude Research
- HR Market Watch Podcast
- HCM Technology Report
- HR Technologist
- Lighthouse Research & Advisory
- Recruiting Headlines
- Crain's Cleveland Business
- Milwaukee Business Journal
- Milwaukee Business News
- Milwaukee Journal Sentinel
- Wisconsin Inno
- Yahoo Finance
- PE Hub
- The Chad and Cheese Podcast
- HRTech Weekly with Stacey Harris and John Sumser
Shaker International and Montage Merge to Create Revolutionary Recruiting Automation Platform
Industry leaders combine forces to reimagine the future of recruiting
Shaker International, a leading provider of predictive talent intelligence and assessment solutions, has merged with Montage, the single solution to engage, interview, and hire better candidates, faster. The new company will help its combined client base, which includes hundreds of leading global brands and 47 of the Fortune 100, transform talent acquisition by embedding predictive intelligence into automated hiring workflows that enable better candidate experiences and smarter hiring decisions for 100% of an organization’s hires.
With a world-class team of industry leaders, IO psychologists, data scientists, software engineers and a global client success organization, the combined business will engage over 15 million candidates and enable over 1 million hires in more than 20 languages in 200 countries and territories this year. The new organization’s client base includes industry leaders such as Allstate, Bank of America, CVS, Humana, and Procter & Gamble.
Shaker International received a growth investment in 2017 from The Riverside Company, a global private equity firm investing in high-growth businesses. Riverside facilitated and financed this merger and is eager to continue supporting the combined business and provide access to additional resources to fuel growth, innovation, enhanced client support, and market expansion.
Montage is the single solution to engage, interview, and hire better candidates, faster. We partner with many of the world’s most well-respected brands to create the high-tech, high-touch hiring experience the modern candidate expects. As the pioneer of purpose-built video interviewing, our proprietary technology integrates seamlessly with enterprise needs for reliability, scalability, compliance, and security. We are committed to market-driven innovation, incorporating applicable science and data in our solutions to speed the process and improve the predictability of talent acquisition. Our commitment to superior client service and support is unique in the industry. We help each and every client at every stage of our partnership because we sincerely want them to succeed—and believe in building relationships for the long term.
- Headquartered in Delafield, Wisconsin, U.S.
- Founded in 2007
- Presence in more than 200 countries with solutions available in 20 languages
- 4 million interviews conducted per year
- 365/24/7 worldwide customer support
For more information on Montage, please visit montagetalent.com.
About Shaker International
Leveraging almost two decades of rigorous, data-driven science powered by the latest technology that has delivered proven results for leading global brands, Shaker International provides Predictive Talent Intelligence that helps companies improve quality of hire, reduce turnover, create recruiting efficiencies, and deliver a better hiring experience. Shaker International’s award-winning, multi-method Virtual Job Tryouts engage and educate candidates, provide them with an opportunity to demonstrate a wide range of abilities, and accurately predict on-the-job performance. Their AI-enabled Virtual Job Tryouts have been deployed across most industries in 68 countries and 13 languages.
- Headquartered in Cleveland, Ohio, U.S.
- Founded in 2002
- Presence in more than 68 countries with solutions available in 13 languages
- Nearly 9 million assessments delivered per year
- 35 data scientists and I/O psychologists on staff
For more information on Shaker International, please visit shakerinternational.com.
Frequently Asked Questions
Why did Shaker International and Montage merge?
Shaker International, a leading provider of predictive talent intelligence and assessment solutions, has merged with Montage, the single solution to engage, interview and hire better candidates, faster. The new company will enable its combined client base, which includes hundreds of leading global brands and 47 of the Fortune 100, to transform talent acquisition by embedding predictive analytics into automated hiring workflows that provide better candidate experiences and smarter hiring decisions for 100% of an organization’s hires.
With a world-class team of industry leaders, IO psychologists, data scientists, software engineers, and a global client success organization, the combined business will engage over 15 million candidates and enable over 1 million hires in over 20 languages in 200 countries and territories this year.
The new organization’s clients include industry leaders such as Allstate, Comcast, CVS, Humana, and Proctor & Gamble.
Is this a purchase or a merger?
The deal is a merger of two pre-eminent firms in the fields of talent assessment and interviewing technology and is the result of a highly collaborative effort between Shaker International and Montage. The new company will revolutionize talent acquisition by delivering the high-tech, high-touch experience that candidates expect—in a manner that informs and enables smarter decisions for hiring managers and candidates.
What will be the name of the combined entity?
There will be no immediate impact to existing brands or operations, with both companies operating independently as Shaker International and Montage, respectively, in the near term. A new brand identity will be determined for the combined entity and rolled out later this year.
How will clients benefit?
Clients will benefit from a single platform that integrates interview and assessment technology with AI and predictive analytics to enable better candidate experiences and smarter hiring decisions for 100% of hires. As the pioneer of purpose-built interviewing technology, Montage offers Shaker International client’s access to all types of interviews (text-based, video, voice) live or on demand across all positions, via a workflow automation platform that creates frictionless experiences for candidates, recruiters, and hiring managers. Leveraging data-driven science and AI expertise, Shaker International offers Montage clients the Predictive Talent Intelligence that has helped leading global brands make smarter hiring decisions that have resulted in significant improvements in recruiting efficiency, quality of hire, and retention rates.
How will the merger affect both clients and the greater talent acquisition marketplace?
By bringing together two of the largest assessment and interview technology organizations, we now have the ability to translate world-class expertise in Predictive Talent Intelligence, SaaS, and AI to enable clients to make better, faster, and smarter hiring decisions. The new company will help talent acquisition leaders meet the dual challenges of transforming operations and transforming the workforce through automated, data-driven workflows that enable continuous improvement.
Who is The Riverside Company?
The Riverside Company is a global private equity firm focused on acquiring and investing in growing businesses valued at up to $400 million. Since its founding in 1988, Riverside has made more than 600 investments. The firm’s international private equity and structured capital portfolios include more than 90 companies.
- Over $8 billion in assets under management
- Over 600 completed acquisitions
- Over 200 people on four continents worldwide
- Founded in 1988
For more information on The Riverside Company, please visit riversidecompany.com.
What has been done that has facilitated the merger?
Teams from both companies have been working on plans for combining our services, processes and products. In addition, we have undertaken a comprehensive communications program to all stakeholders including employees, customers, partners, and media/analysts.
Who will represent the leadership team of the new entity and where will it be located?
The new company will be led by Kurt Heikkinen from Montage as CEO and Brian Stern from Shaker as President, and an executive leadership team comprising executives from both companies. All employees and offices of the two companies are being retained, and the combined company will be co-headquartered in Cleveland, OH and Delafield, WI.
Will there be layoffs among either the Shaker International or Montage current staff?
There will be no layoffs as a result of the merger. Instead, this represents an exciting opportunity for our employees to create a new industry category and advance their careers by helping clients continuously measure, manage, and improve the business impact of talent acquisition operations. Both companies are in high-growth mode. And our primary objective is to continue to provide high quality service and support to prospects, clients, and their candidates.
When and how will the combined product portfolio be available to customers? Is the plan to integrate the platforms? If so when?
All customers and partners will have immediate access to the products and services offered by Montage and Shaker International. Furthermore, the merger will accelerate the combined company’s strategy to become the leader in Predictive Talent Intelligence, fundamentally changing the talent acquisition market. The future platform will provide a single offering that converges interview and assessment processes into a frictionless experience for candidates and hiring managers while leveraging AI and predictive analytics to enable better candidate experiences and smarter hiring decisions. Timing of the release of the integrated platform has yet to be determined.
Will any Shaker International or Montage products be eliminated?
There will not be any immediate changes regarding the current product and services mix. Moving forward, we will evaluate the businesses’ offerings collectively to ensure they continue to be at the forefront of addressing market and client needs and support our mission of being the leader in Predictive Talent Intelligence.
Will there be any change to the offerings and systems currently in use?
Clients will not see any change in the user interface, content, or functionality of their current systems and will have full access to all offerings and systems. Over time, clients will benefit from increased functionality, new content, and analytics as we broaden and integrate our offerings for both sets of clients.
If a client has an existing contract with either company, will those contracts be impacted by the merger?
No, all contracts will remain valid and subject to the existing terms and conditions, as agreed.
How will the merger affect our partners, re-sellers and distributors?
In the immediate future, the merger will not have any impact on current partnerships or distributor agreements. As the businesses become integrated, we will explore ways to introduce the offerings of both organizations to partner and distributor networks. Should partners or distributors have any questions or wish to discuss any opportunities they should contact their Shaker International or Montage representative.
What are the terms of the agreement?
Terms of the agreement are not disclosed.
What People Are Saying
"This merger has the makings of a game-changer by bringing together best-in-class AI-enabled predictive analytics and interview technologies to provide tremendous value to existing customers, future prospects and the overall market."
—Madeline Laurano, Founder
"Shaker International and Montage have the makings of an unbeatable duo, by combining the power of interview technology and predictive assessment while keeping the candidate experience a key customer priority."
—Kevin Grossman, President
"What I’m expecting to see is that this combined entity is going to turn into a very strong, very disciplined, deep competitor in the recruiting marketplace."
—John Sumser, Founder and Editor-in-Chief
"The merger of Montage and Shaker International bring together advanced recruiting automation, digital interviews, behavioral science and predictive analytics in one customer-focused offering that has the potential to transform both recruiting and internal mobility for the large enterprise."
—George LaRocque, Principal Analyst
"Both of these firms are focusing on using AI to improve their algorithms and their assessment capabilities, which makes it a natural fit. This news is exciting, and I’m happy for both groups at this transition."
—Ben Eubanks, Principal Analyst
"We are thrilled to have facilitated the merger of two fast-growing, world-class companies who will now benefit as one highly differentiated, integrated solution with unparalleled ROI for its customers."
—Joe Manning, Partner