Workforce and inventory solutions provider Fourth acquires candidate tracking and onboarding solutions from Snagajob, People Matter and Hiring Manager, in an agreement backed by Marlin Equity Partners.
The tools will provide Fourth clients with the ability to optimize their workforce, boost their operations and hire and retain talent, according to a press release. Financial terms were not disclosed in the press release.
PeopleMatter and Hiring Manager can reduce the time managers spend on hiring as well as the time needed to attract and hire talent and allow managers to hire directly from the mobile app.
âWe are impressed with the ability of the PeopleMatter and Hiring Manager offerings to solve our customers’ core issues, and we are delighted to welcome both teams to the fourth family,â said Clinton Anderson, CEO of Fourth, in the release. . âGiven the tight labor market after the COVID-19 pandemic, we saw an opportunity to complete our end-to-end solution with these products that make it easier than ever to find, train and bring on board the best talents. We see this platform as the ideal technology offering to complement our current products as operators seek robust all-in-one digital solutions to successfully increase business agility. “
PeopleMatter and Hiring Manager employees will be retained by Fourth and all 3,500 customers with approximately 60,000 roofs will experience no downtime under the new parent company.
âWe are confident that PeopleMatter and Hiring Manager will thrive under Fourth’s leadership and benefit from their commitment to product investment and exemplary customer service,â said Mathieu Stevenson, CEO of Snagajob, in the release. “Although bittersweet, we know the team joins a large organization and the products are now positioned to reach their full potential.”
Marlin Equity Partners is a global investment firm with over $ 7.7 billion in capital under management.