HireRoad Completes Sale of Acendre to Software Combined

Austin, TX - November 9, 2026 - HireRoad, a portfolio company of Strattam Capital, announced that it has completed the sale of Acendre, an Australia-based recruitment and onboarding business and division of HireRoad, to Software Combined, a Sydney-based acquirer of B2B software companies. The transaction closed on September 30, 2026.

Acendre's software supports the full hiring lifecycle for public-sector employers, from attracting and assessing candidates through onboarding, within the security and compliance requirements those agencies operate under. More than half of Australia's top Commonwealth agencies run on the platform, which supports more than 400,000 users and handles close to two million applications and hires each year. Many customers have used Acendre for more than ten years. The platform is IRAP-certified at the Protected level, independently assessed against the Australian Government's Information Security Manual, and ISO 27001 certified.

Strattam Capital acquired Acendre in 2018, and the business later became part of HireRoad, a diversified talent management software platform. The sale allows HireRoad to focus on its core North American market. Acendre will continue to operate under its own brand with its existing team as part of Software Combined's portfolio. Acendre Group CEO, Liam Ackland and the existing team remain in place.

"Acendre has built a trusted platform for government and regulated-industry hiring in Australia, and its team has served those customers well," said Jeff Fernandez, CEO of HireRoad. "This transaction lets HireRoad concentrate our resources on our core North American market, while giving Acendre an owner dedicated to the Australian and New Zealand markets. We thank the Acendre team for their contributions and wish them continued success with Software Combined."

Blackpeak served as financial advisor and JWS served as legal counsel to HireRoad on the transaction.

About Acendre

Acendre Group is Australia's leading cloud-based platform for recruitment and onboarding in government and complex regulated industries. Founded in 1997, the company has spent nearly three decades building expertise in merit-based hiring, compliance and security alongside Australian government agencies. More than half of the top Commonwealth agencies run on Acendre, serving 400,000+ users and processing nearly two million transactions annually. Acendre holds IRAP certification to Protected level and ISO 27001 accreditation.

Learn more at acendre.com.

About Software Combined

Founded in 2020, Software Combined acquires and holds profitable B2B software businesses across Australia, New Zealand and the Benelux. Its portfolio companies operate independently under their own leadership and brands.

Learn more at softwarecombined.com.

About Strattam Capital

Strattam Capital is a private equity firm with over $1 billion in assets under management, investing in founder-led B2B software and technology companies that are poised to become vertical market leaders. Strattam supports portfolio company leaders in building their teams, extending their reach, and adapting new technologies to solve the customer problems they understand so well. Founded in 2014, Strattam is based in Austin and San Francisco. Since inception, the firm has completed more than 50 partnerships with founder-led businesses.

Learn more at strattam.com.