Bullhorn Acquires TargetRecruit
August 5, 2025 – Recruiting software provider Bullhorn has acquired TargetRecruit, a Houston-based provider of front-and middle-office solutions built on the Salesforce platform. The acquisition deepens Bullhorn’s strategic investment in supporting firms that run their business on Salesforce and bolsters its position as the leading recruitment ISV in the Salesforce ecosystem.
With the addition of TargetRecruit, Bullhorn’s Salesforce user base grows to nearly 150,000. The acquisition strengthens Bullhorn’s presence in the healthcare staffing market, particularly in locums and per diem.
“TargetRecruit has built a strong reputation in healthcare staffing, and we’re excited to welcome their customers into the Bullhorn community,” said Jonathan Novich, Bullhorn’s SVP product – Salesforce. “This acquisition not only expands our Salesforce ecosystem footprint, it also gives TargetRecruit customers a clear path to innovation, powered by Bullhorn’s proven technology, AI investments, and middle office expertise.”
For the past 25 years, Bullhorn has dedicated itself to building industry-leading, cloud-based software for the recruitment industry. Through partnerships with 10,000 customers globally, Bullhorn has built a vast knowledge base of recruitment best practices and deep domain expertise to help firms scale their businesses. Founder-led and headquartered in Boston, Bullhorn employs 1,400 people across 14 countries.
Past Acquisitions
Last year, Bullhorn acquired KonaSearch, a BasisTech portfolio company that offers match and discovery solutions for staffing, recruiting, and executive search businesses on the Salesforce platform. “Executive search firms need access to deep, comprehensive historical data on job histories and career achievements,” Bullhorn said. “KonaSearch’s powerful cross-entity search solution uncovers and matches against this kind of data specifically for the Salesforce platform. Acquiring KonaSearch provides us with expertise and technology to support faster, higher-quality executive placements for our customers on the Salesforce platform.”
“Through partnerships with 10,000 customers globally, including nearly 1,000 clients on the Salesforce platform, Bullhorn is a global top 10 Salesforce ISV partner and the largest Salesforce partner for the recruitment industry,” the company said. “Bullhorn has built a vast knowledge base of recruitment best practices and deep domain expertise to help firms scale their businesses. This acquisition is Bullhorn’s latest investment to help accelerate our sourcing AI strategy and underscores Bullhorn’s strong commitment to both the Salesforce platform and the executive search market.”
Bullhorn also acquired Textkernel, a provider of sourcing AI solutions. Financial terms of the deal were not disclosed. “Sourcing AI is a huge investment area for Bullhorn, and we are truly excited to embark on this journey with Textkernel,” said Matt Fischer, president and chief operating officer of Bullhorn. “We congratulate CEO Gerard Mulder, COO Guus Meijer and the entire leadership team at Textkernel and welcome the Textkernel team to the Bullhorn family. This acquisition is a significant step forward for us, and we are committed to maximizing its potential to benefit our customers.”
Headquartered in Amsterdam, Textkernel powers over 2,000 customers globally. “A longtime, trusted partner to the staffing and recruitment industry, Textkernel and Bullhorn share a crucial strategic goal: empowering recruiters to digitally transform their business for the future and maximize the use of AI in the industry,” Bullhorn said. “This acquisition accelerates our AI strategy and furthers our mission of powering organizations to put the world to work.”
In addition, Bullhorn acquired Mployee, a Netherlands-based provider of Salesforce-based solutions for recruitment agencies. Mployee’s technology will accelerate Bullhorn’s vision to deliver a full, end-to-end, enterprise solution for Bullhorn customers using the Salesforce platform. “We’ve seen tremendous growth in customers using Bullhorn for Salesforce globally in recent years, and this acquisition will help us better support those agencies throughout the world in delivering more efficient middle-office operations,” said Mr. Fischer. “We’re excited at the potential of combining Mployee’s offerings with Bullhorn for Salesforce to deliver a full, end-to-end solution.”
Related: Bullhorn Names Senior Leadership Appointments
“By combining Mployee’s middle-office capabilities with Bullhorn’s front-office, Bullhorn can offer a true enterprise-grade, end-to-end solution built on the Salesforce platform,” the company said. “This solution will help solve a myriad of front- and middle-office challenges inhibiting agencies’ growth and differentiation.”
Past Investment
Bullhorn Ventures has made a strategic investment in Boulder, CO-based Staffing Engine. The investment aims to accelerate the adoption of the next generation of conversational and generative AI within Bullhorn’s customer base, transforming the recruiting experience, and heralding a new era of efficiency and innovation. “We are incredibly excited for our customers to have access to Staffing Engine’s suite of AI acceleration tools,” said Jason Heilman, senior vice president, product – automation and AI at Bullhorn. “Their ability to deeply configure tools to meet even the most creative or complex use cases will create real differentiation for our customers.”
Bullhorn Acquires London-Based Search Firm
Bullhorn has acquired SourceBreaker, a London-based Al-driven search-and-match platform. Financial terms of the deal were not disclosed. Bullhorn said that the acquisition will further enhance Bullhorn’s portfolio of solutions for talent engagement across the entire candidate lifecycle, from sourcing to engagement, onboarding, and redeployment. “We believe the addition of SourceBreaker’s solutions to our portfolio will help staffing firms meet this challenge head-on by increasing recruiters’ productivity and ultimately boosting their fill rates,” said Matt Fischer, president and COO of Bullhorn. “As a successful Marketplace partner, SourceBreaker already serves hundreds of Bullhorn customers, and we look forward to bringing their solutions to even more of our customers.”
“What staffing executives need to understand about AI is that, while it will contribute to growth over time, right now it’s about significantly improving your gross margin,” said Ted Guggenheim, co-founder and CEO at Staffing Engine. “That’s a huge deal in this environment.”
Staffing Engine, a provider of AI-powered recruiting solutions, has fully integrated its Recruiting Acceleration AI with Bullhorn, and its partner ecosystem. Staffing Engine’s platform allows recruiting firms to increase productivity, operate 24/7, and accelerate growth, the company said. The Engine AI suite of products allows staffing firms to leverage the next generation of AI to make their recruiters and sales reps more productive, increase lead conversion, and create an on-demand experience for their candidates and clients.
Bullhorn Ventures invests in early-stage software companies with the potential to deliver unique value to third party staffing and recruiting firms. The firm backs teams who are building differentiated products in our market, and who share in the mission to help staffing firms digitize, automate, and empower. Over the past few years, Bullhorn has acquired over a dozen software companies that provide solutions to the staffing and recruitment industry.
Related: Bullhorn Launches New Service to Support Recruiting Firms
Contributed by Scott A. Scanlon, Editor-in-Chief and Dale M. Zupsansky, Executive Editor – Hunt Scanlon Media
