Investcorp Technology Partners, a leading European lower middle market technology investor, has acquired Berlin-based Softgarden, a fast-growing Human Resources (HR) software provider for an undisclosed sum. The investment is the fourth deal from Investcorp’s fourth Technology Fund.

Founded in 2005, Softgarden offers an innovative recruitment technology platform to a diversified set of German midmarket and enterprise customers. The company’s “Applicant Tracking System” (ATS), a SaaS platform covering the entire digital corporate recruitment process, enables companies to streamline and manage their entire recruitment process in a fully automated and data-privacy compliant manner. In addition to this, Softgarden offers a proprietary jobseeker market place with over 65,000 candidate profiles, as well as a tool allowing for the automated posting of job adverts on more than 300 job boards.