Consumer credit reporting agency Equifax has acquired Efficient Hire, which provides cloud recruiting, onboarding and human resources management solutions that help employers hire and onboard talent to operate and grow their businesses.
The move makes Efficient Hire part of Equifax’s Workforce Solutions business unit which includes solutions that help HR professionals acquire and onboard employees. It is not expected to have a material impact on its 2022 financial results.
Efficient Hire provides services that align well with their Employer Services business, according to Equifax. Some examples include Form I-9 Management, Affordable Care Act Management and Work Opportunity Tax Credit Management.
The acquisition is part of Equifax’s overall strategy to invest in bolt-on acquisitions that further position diversified growth.
Efficient Hire serves over 1,600 customers, specializing in meeting the needs of hourly employers in industries such as restaurants, staffing, hospitality and senior care. Its services meet the needs of hourly employers by providing digital HR management tools.
Equifax employs over 13,000 people across 24 countries, including over 2,700 in the Atlanta area.
