logo
Intelligence
Tracking
Tools
logo
Intelligence
Tracking
Tools

512Financial acquires HireBetter for recruitment growth

Sep 09, 2025•3 months ago

Acquiring Company

512Financial

Acquired Company

HireBetter

AustinAustinFintechFinanceHuman Resources

Description

512Financial has announced the acquisition of HireBetter, expanding its recruiting capabilities and adding sophisticated talent planning services. This marks 512Financial's second strategic acquisition in 2025. Velveth Schmitz, CEO of HireBetter, will continue as Chief Revenue Officer at 512Financial to support integrated services for growth-minded companies.

Company Information

Company

512Financial

Location

Austin, Texas, United States

About

512Financial is an Austin-based fractional services partner built for founders and trusted by VCs. The firm provides finance, accounting, HR, recruiting, and due diligence expertise to help high-growth companies accelerate without the overhead of full-time hires. Since 2022, 512Financial has supported over 140 venture-backed companies, representing more than $250 million in capital raised and liquidity events. The Austin Business Journal has also recognized it as a Best Place to Work.

Related People

Sign in to view contact details

Sign in to view contact details

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed