Softgarden, a spinout of Saarland University, has been acquired for Investcorp Technology Partners for an undisclosed sum.

Softgarden, a Germany-based human resources software spinout of Saarland University, was acquired by investment management company Investcorp Technology Partners for an undisclosed sum.

The transaction is subject to customary anti-trust clearance. Investcorp conducted the deal through its fourth technology fund.

Founded in 1999 as digital communication agency Fictiondesign, Softgarden has developed a recruitment technology platform, Applicant Tracking System. The software-as-a-service platform enables an automated management of the entire recruitment process, while ensuring data privacy compliance.

Softgarden also operates its own…