Announced
Completed
Financials
Tags
Private
Private Equity
Domestic
Friendly
Single Bidder
United States
job search platform
Career Guidance
Online and Social Platforms
Acquisition
Majority
Completed
Synopsis
The Riverside Company-backed PeopleGrove, a smart career network that recommends Mentorship, Networking, Career Exploration, and the Job Connections that together effectively build the social capital learners need to succeed, completed the acquisition of jobZology, a company providing easily accessible online tools for career development. Financial terms were not disclosed. “After our initial investment in PeopleGrove, we’ve focused on expanding the company’s feature-rich product offering to create greater value for its users. We intend to build PeopleGrove into the market-leading higher education software company focused on career-oriented solutions, and the jobZology integration is a major step toward that goal,” Loren Schlachet, Riverside Micro-Cap Fund Managing Partner.
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