Prep yourself for high levels of synergy. Virginia-based job-search marketplace Snagajob announced today that the company has acquired PeopleMatter, developers and providers of workforce management software headquartered in Charleston. No specifics were provided on the deal, but according to a news release from Snagajob, the transaction is expected to close later this month.
Jason Conrad, vice president of marketing at PeopleMatter, says the two companies’ product offerings complement each other well, and they will be “integrating common services to build more agility, while developing new products to help hourly workers connect with hourly employers in new ways.” According to Conrad, Snagajob is now the lease-holder for PeopleMatter’s King Street office and has not provided any information about relocating the Charleston firm. PeopleMatter spokesperson Jeanne Achille says the company is planning to remain in its current spot.
“We are incredibly excited to welcome the PeopleMatter team to Snagajob,” Snagajob CEO Peter Harrison said in the release. “As employers struggle with a challenging hiring environment, the joining of our companies couldn’t be better timed. Adding PeopleMatter’s best-in-class products to our existing market-leading portfolio will help employers of all sizes more easily find, hire and manage their hourly workforce.”
Snagajob prides itself on connecting hourly workers with businesses, while PeopleMatter provides employers with software that assists in hiring on new talent, as well as training and scheduling. Keeping the buzzwords popping in Tuesday’s announcement was Jeanne Graves, vice president of human resources for Del Taco.
“I have worked with both Snagajob and PeopleMatter and really see the synergies with these two companies coming together,” said Graves. “Nearly 6,000 of the 20,000 job applications we receive each quarter come through Snagajob and seamlessly flow into our PeopleMatter applicant tracking and onboarding system. We are seeing the best bang-for-our-buck. We have so many quality applicants at this point, we don’t know what to do with them all. It’s a great problem to have.”
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