ISH advances HR Track with acquisition of WorkCompass

Invincible Software Holdings (ISH) today announced that its portfolio company HRLocker, Ireland’s leading B2B SaaS HR platform, has acquired WorkCompass, a performance management software provider recognised for goals/ OKRs, continuous feedback, coaching tools, surveys and analytics, for an undisclosed amount.

This marks the sixth deal in ISH’s HR Track - a buy-and-build strategy to assemble a best-in-class, integrated HR stack for SMEs (50 - 1000 employees). It follows HRLocker’s merger with HireHive earlier this year and further consolidates ISH’s position in core HR, talent, and performance software for the UK & Ireland.

With WorkCompass embedded directly into HRLocker, customers will experience a single, coherent workflow where goals and OKRs, continuous feedback, check-ins and performance reviews sit alongside core HR, time, absence and compliance. Managers can set objectives, track progress, prompt real-time conversations and close out review cycles without jumping between tools or exporting spreadsheets, cutting admin, improving data accuracy and helping teams focus on meaningful performance conversations. Existing WorkCompass customers will continue to enjoy the platform and support they know, while gaining the benefits of HRLocker’s broader ecosystem over time, tighter integrations, a clearer view of the employee lifecycle and a more intuitive user experience from onboarding through to performance. The combined organisation will also bring greater scale, reliability and security, with shared product and engineering resources accelerating delivery of new capabilities and integrations that further streamline HR workflows for SMEs.

Adam Reynolds, co-founder and managing partner of ISH, added: “WorkCompass fits hand-in-glove with our HR Track: one workflow, clearer outcomes for SMEs. Our approach is operator-led for a reason: Tight integration, smart cross-sell, and a roadmap that keeps paying back for customers. We’re here to build durable software businesses, and deliver an unrivalled experience to the +3000 customers who run on them.”

Denis Coleman, Founder and CEO, at WorkCompass, said: “Joining HRLocker accelerates our vision to move beyond rear-view appraisals toward real-time coaching and measurable results. Our customers will see the same intuitive performance platform they love, now backed by a broader product ecosystem and roadmap.”

“WorkCompass brings a coaching-led, outcomes-focused approach to performance that fits perfectly with our mission to make HR simpler, faster and more human,” said Crystel Robbins Rynne, CEO of HRLocker. “By integrating WorkCompass’ strengths in goals, feedback and actionable insights, we’re giving customers a tighter, more seamless employee journey, improving the way HR works businesses across Ireland.”

About HRLocker

HRLocker is an Ireland-based SaaS HR platform serving SMEs in Ireland and the UK. With a broad suite of HRIS functionalities, including performance management, ATS, and time tracking, HRLocker simplifies workforce management for growing businesses. The platform has built a strong reputation for innovation and customer focus, enabling SMEs to streamline HR processes and foster productive, engaged teams.

For more information, please visit https://hrlocker.com/.

About Work Compass

WorkCompass provides software for organisations to manage their talent through agile goal setting and ongoing performance check-ins. WorkCompass is pioneering the application of management science via artificial intelligence in human organisations. WorkCompass has been recognised by CIO Review as one of the “20 Most Promising HR technologies” and by Silicon Review as one of the “50 Smartest Companies”.

For more information, please visit https://workcompass.com/ 

About ISH

ISH was created with the vision of building a strong portfolio of founder-run SaaS companies by investing early and providing support to existing teams. Combining the expertise of private equity specialists and experienced SaaS entrepreneurs with multiple successful exits, ISH aims to elevate the businesses it invests in by introducing capital and skills while preserving the entrepreneurial spirit and existing management.

For more information, visit https://invsholdings.co.uk/.

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