Genie Solutions (Magentus Practice Management), a leading medical practice management software-as-a-service (SaaS) company, embarked on a transformative journey to redefine its business model and achieve significant growth. This case study will delve into the key aspects of Genie Solutions’ transformation, including its partnership with Selective Search (Talent xp), the expansion of its executive and technical teams, the redesign of its systems and processes, and the company’s eventual acquisition by Citadel Group.
Selective Search (Talent xp), a talent acquisition and management consultancy firm, played a crucial role in helping Genie Solutions achieve its transformation goals. We collaborated with Genie Solutions’ CEO and executive team to redesign teams that aligned with the new strategic objectives. This partnership led to the expansion of the executive layer and technical teams, ensuring that the company had the necessary expertise and resources to drive its growth strategy.
Initially, Genie Solutions had 90 employees and had enjoyed 20 years of success. However, with the support of Selective Search (Talent xp), the company doubled in size within just 18 months and continued to scale. By the time of its acquisition by Citadel Group, Genie Solutions had significantly expanded its workforce and capabilities.
After 20 years of continued success, Genie Solutions was purchased by Private Equity group, IFM Investors and their team of approximately 90 employees set out to transform. With the support of Selective Search (Talent xp), Genie Solutions doubled in size within just 18 months and continued to scale across the SaaS Practice Management Industry. By the time of its acquisition to Citadel Group in 2022, Genie Solutions had significantly expanded its workforce and capabilities.
Genie Solutions’ transformation journey was a remarkable example of how collaboration with a reputable talent acquisition firm, like Selective Search (Talent xp), can lead to significant growth and success.
Contact Talent xp to talk more about our capability sourcing executive talent across product driven SaaS businesses.
