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Announced

Completed

Justworks completed the merger with Via Global Ventures.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Friendly

employment platform

United States

Acquisition

Domestic

Online and Social Platforms

Merger

Private

Majority

Completed

Single Bidder

Synopsis

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Justworks, a company that provides benefits, automated payroll, compliance support and serves as an HRIS to other startups and small businesses, completed the merger with Via Global Ventures, an international employment platform. Financial terms were not disclosed. "At Justworks, we believe small businesses deserve the same competitive edge as larger companies when hiring global talent. As soon as we met Maite and Itziar, it was clear that Via shared a similar vision for a local-first approach to international hiring, and saw it as the best path to helping businesses grow with confidence globally. Acquiring Via will enable us to accelerate our product ambitions and bring the solutions small businesses deserve to market sooner. Maite and Itziar have built an incredible company, and we're excited to welcome them and their team to Justworks," Mike Seckler, Justworks President and CEO.

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