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Announced

Marlin Equity Partners-backed Fourth to acquire PeopleMatter and Hiring Manager from Snagajob.

Synopsis

Marlin Equity Partners-backed Fourth, a provider of workforce and inventory solutions for the restaurant, hospitality and retail industries, agreed to acquire PeopleMatter and Hiring Manager, a purpose-built, applicant tracking and onboarding solutions for hourly-waged employees, from Snagajob, a marketplace for hourly jobs and shifts. Financial terms were not disclosed. “Given the tight labor market as we exit the COVID-19 pandemic, we saw an opportunity to round out our end-to-end solution with these products that make it easier than ever for restaurants, retailers and hospitality operators to find, train, and onboard the best talent. 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,” Clinton Anderson, Fourth CEO.

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