It acquired a majority stake in PrismHR, a software provider for professional employer and human resources outsourcing organizations, in December. Stone Point Capital has other investments in the workforce solutions ecosystem as well. “We are in the early stages of the industry’s adoption of digital transformation initiatives,” Stone Point Capital CEO Chuck Davis said, “and we couldn’t be more excited about partnering with an experienced team that knows the industry, their customers, and how to build a business with a deep focus on customer experience.” Bullhorn’s entire management team will remain. The deal is expected to close early in the fourth quarter. “It’s not fully back, but it’s a promising trend and I think Stone Point saw that.” “It’s further validation of the industry as a whole.” Papas noted that professional staffing firms just began seeing revenue up year over year last week for the first time since the pandemic hit and general staffing isn’t far behind. “It’s a great outcome for Bullhorn but also for the staffing industry,” Bullhorn founder and CEO Art Papas said. Terms of the transaction were not announced, but Stone Point Capital will have a majority stake in Bullhorn and will have a representative on Bullhorn’s board. Outside of work, Sarah is passionate about spending time with her two young daughters, cooking, golf, and fitness.Bullhorn, a provider of software to staffing firms, today announced an investment by Stone Point Capital, a private equity firm based in Greenwich, Connecticut. Sarah was born and raised near Akron, OH, and now lives in Westchester, NY. Recently, she was featured in Buyouts Insider’s Women in Private Equity feature article, where she discusses the role of mentorship in her private equity career. Sarah is a graduate of the Wharton School at the University of Pennsylvania where she was a Joseph Wharton Scholar. Prior to co-founding Level, Sarah was a Senior Associate at Insight Venture Partners, where she worked as a member of the investment team with companies including Achieve3000 (differentiated instruction for K-12 acquired by McGraw Hill), eVestment Alliance (financial data vendor acquired by NASDAQ), and IAG Research (advertising effectiveness data acquired by Nielsen). Her current and past investing experience includes BoardEffect (board portal software acquired by Diligent in 2016), Criteria Corp (employee assessment software recapitalized by Sumeru Equity Partners in 2019), EHS Insight (Environmental, Health, and Safety software for high-risk industries), Hoxhunt (next-generation cybersecurity awareness training), HVR (data integration software acquired by Fivetran in 2021), Lytho (workflow and DAM software for creative and marketing teams), MomentFeed (digital marketing for multi-location brands acquired by Uberall in 2021), Optimere (governance platform for regulated communicators acquired by CivicPlus in 2022), Onit (enterprise legal management software acquired by K1 in 2018), Security Journey (secure coding training for developers), SiteHawk (chemical data management acquired by Sphera in 2019), and Wombat (cybersecurity awareness training acquired by Proofpoint in 2018). She has been investing in growth-stage software and technology businesses since 2003. Sarah is a co-founder and Partner at Level.
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