OPB invests in Hired technology recruitment platform

Earlier this week, OPB's $20 million investment in web-recruitment platform Hired was announced by Hired's CEO Mehul Patel at the 2016 Web Summit in Lisbon. With this investment, OPB is a direct owner of Series C-1 Preferred Equity Shares in the company, building on a previous investment in the San Francisco-based company. Hired’s strong business model, great momentum and growth potential provide OPB with a great market opportunity and is well aligned with OPB's broader private equity strategy.