The Kavin Group sets a new corporate milestone with the announcement that HIRE Technologies plans to acquire the company.
The Kavin Group sets a new corporate milestone with the announcement that HIRE Technologies plans to acquire the company. In preparation, the Kavin Group has initiated a strategic restructuring program to enhance its operational business model. This restructuring program includes the reorganization and simplification of Kavin Group's services to better position the company to achieve its overall goals while also providing the continuity of strong leadership across all business facets.
HIRE Technologies' mission is to consolidate and digitize the fragmented IT and staffing enterprises, streamlining operations and improving efficiencies. Additionally, the company has successfully designed a diverse business strategy centred around a responsive business model that provides investors with low-risk and growing cash flows. "The Kavin Talent Management and Recruiting division of the Kavin Group has a strong foothold in contract general labour staffing across Southwestern Ontario and elsewhere. We are pleased to add their line of specialty solutions to our growing list of services," confirmed Simon Dealy, Chief Executive Officer of HIRE Technologies.
"We are pleased with our new strategic partnership with HIRE Technologies. Despite the current pandemic and economic outlook, the Kavin Group has strategically adapted to the new marketplace. Our near-term revenue growth remains strong well into 2021," remarked Steve Vincic, Founder and President of the Kavin Group. "We anticipate that this partnership will lead to greater opportunities for technological growth and geographic expansion. The corporate cultures and values of both companies are strongly aligned. By engaging in this strategic partnership with HIRE Technologies, we are ensuring that we better serve businesses and candidates, " added Vincic.
The new corporate changes announced will translate into greater efficiencies, focusing on enhanced customer service excellence for new and existing customers as well as faster job candidate placements. One year ago, the Kavin Group was recognized by Globe and Mail's 2019 Report on Business as Canada's 21st out of 400 fastest-growing companies. This legacy will continue with HIRE Technologies as its strategic partner.
About the Kavin Group
The Kavin Group’s Talent Management and Recruiting division (KTMR) is a Southwestern Ontario-based employment agency. KTMR works with businesses and job seekers searching for full-time, part-time, or temp opportunities. The new partnership with HIRE Technologies will see the KTMR division rebranded as the Kavin Group.
About Hire Technologies Inc.
HIRE Technologies Inc is focused on the acquisition of information technology, staffing, and HR consulting firms. The company provides cross-selling opportunities, access to proprietary operational tools, and a scalable, centralized back-office system to support growth.
Read Hire Technologies Inc's statement on the acquisition