Mesirow Advises Spark Hire on its Partnership with Boathouse Capital
• Spark Hire is a SaaS video-based interview platform in the HR technology sector
• Successful transaction highlights Mesirow’s expertise and relationships within the technology sector
CHICAGO, May 18, 2022 – Mesirow, an independent, employee-owned financial services firm, today announced it acted as the exclusive financial advisor to Spark Hire, Inc. (“Spark Hire” or the “Company”) on its partnership with Boathouse Capital, a Philadelphia-based private equity firm specializing in high growth middle-market companies including SaaS/software, technology-enabled services and IT services companies.
Headquartered in Northbrook, IL, Spark Hire is a SaaS video-based interview platform in the HR technology sector, serving thousands of customers in both enterprise and SMB in various end-markets. Its popular one-way interview solution functions as a productivity and collaboration tool for both recruiters and hiring managers, allowing for compressed hiring cycles, expanded applicant pools and a better applicant experience.
Josh Tolan, CEO of Spark Hire, said “Mesirow offered unwavering support throughout this transaction, utilizing their long-standing relationships and expertise within the technology sector to identify the ideal partner for Spark Hire.”
Shane McDaniel, managing director of Mesirow Investment Banking commented “We appreciated the opportunity to represent Spark Hire in this important transaction. We believe Boathouse Capital is the ideal partner for Spark Hire and will help build upon the Company’s position as the fastest growing and most widely recognized video-based interview SaaS platform provider to the SMB and mid-market.”
“The partnership between Spark Hire and Boathouse Capital will help Spark Hire continue to develop its core functionality and strengthen its go-to-market strategy,” said Jeff Golman, Vice Chairman of Mesirow Investment Banking. “We look forward to watching Spark Hire continue to grow in partnership with Boathouse Capital as video interviewing technologies become more prevalent in the years to come.”
The partnership represents another successful assignment completed by Mesirow Investment Banking and highlights the firm’s expertise within the HCM SaaS and technology sector. Committed to leveraging extensive sector-specific expertise across industry groups and nurturing deep long-standing relationships, Mesirow has a proven track record of completing highly tailored and successful transactions on behalf of clients.
About Mesirow
Mesirow is an independent, employee-owned financial services firm founded in 1937. Headquartered in Chicago, with offices around the world, we serve clients through a personal, custom approach to reaching financial goals and acting as a force for social good. With capabilities spanning Global Investment Management, Capital Markets & Investment Banking, and Advisory Services, we invest in what matters: our clients, our communities, and our culture. To learn more, visit mesirow.com and follow us on LinkedIn.
Mesirow was recently named one of the Best Places to Work in Chicago by Crain’s Chicago Business and one of the Top 100 RIA firms by Barron’s.
About Spark Hire
Spark Hire is a SaaS video-based interview platform in the HR technology sector serving thousands of customers, both enterprise and SMB in various end-markets. Its one-way interview solution functions as a productivity and collaboration tool for both recruiters and hiring managers.