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Home PRIVATE EQUITY

Estonian Wisnio joins Swedish Assessio to strengthen global talent solutions

Arctic Startupby Arctic Startup
September 9, 2024
Reading Time: 4 mins read
in PRIVATE EQUITY, SCANDINAVIA&BALTICS, UK&IRELAND
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Wisnio, an Estonian HR tech company specializing in generative AI for talent development, has been acquired by Assessio. With a strong foothold in private equity and executive search, Wisnio’s platform integrates AI-driven tools with a user-centric design to support hiring and team-building processes. The acquisition will enable Wisnio to expand its reach, particularly in international markets like the UK and the US, while aligning its technology with Assessio’s expertise in science-based talent assessments. This move is part of Assessio’s strategy to enhance its product offerings and broaden its market presence.

Wisnio’s platform, known for its exceptional UI and UX, advanced genAI features, enables Assessio to combine their scientific rigor with Wisnio’s expertise in innovative HR tech. The acquisition 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 is now serving over 2000 customers with a team of around 170 employees.

Johan Masironi, CEO of Assessio, comments on the acquisition: “We are thrilled to partner with the team at Wisnio who have developed a product that is highly valued by their customers. Wisnio’s strong focus on tech and AI aligns perfectly with our strengths at Assessio. With our expertise in science and data-driven solutions, we believe this collaboration will be a great fit 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. Wisnio’s strong focus on tech and AI aligns perfectly with our strengths at Assessio. With our expertise in science and data-driven solutions, we believe this collaboration will be a great fit for both parties.”


Alo Arro, CEO of Wisnio says: ”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 lead 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, adds: “We are pleased to welcome Wisnio into the Assessio family. This strategic acquisition will 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. All this aligns perfectly with Assessio’s strategy of continuing innovation in the HR tech space and 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.”

Click here to read more IPO/M&A news.

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Read the orginal article: https://arcticstartup.com/wisnio-acquired-by-assessio/

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Gateways to Italy – Offer your services to funds and investors willing to explore opportunities in Italy. Become a partner!

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June 6, 2023

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