M&A Deal Summary

Avionte Acquires WorkN

On September 16, 2021, Avionte acquired internet software and services company WorkN

Acquisition Highlights
  • This is Avionte’s 1st transaction in the Internet Software and Services sector.
  • This is Avionte’s 4th transaction in the United States.
  • This is Avionte’s 1st transaction in Georgia.

M&A Deal Summary

Date 2021-09-16
Target WorkN
Sector Internet Software and Services
Buyer(s) Avionte
Deal Type Add-on Acquisition
Advisor(s) Citizens Bank, N.A. (Citizens Commercial Banking) (Financial)

Target

WorkN

Atlanta, Georgia, United States
website
WorkN is an online SaaS staffing platform featuring fully integrated mobile apps. WorkN helps staffing firms deliver innovative, touchless mobile talent solutions through the client portal for order entry, transparency, scheduling, reporting, and workforce management. WorkN was founded in 2015 and is based in Atlanta, Georgia.

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Buyer(S) 1

Buyer

Avionte

Bloomington, Minnesota, United States

website


Category Company
Founded 2005
Sector Staffing
DESCRIPTION
Avionte's corporate headquarters in Eagan, Minnesota.
Avionte's corporate headquarters in Eagan, Minnesota.

Avionté is a provider of staffing and recruiting technology solutions for the human resources industry. Avionté delivers a fully integrated front and back office staffing software solution, including advanced reporting, compliance management and a large community of integration solution partners. Avionte was founded in 2005 and is based in Bloomington, Minnesota.


DEAL STATS #
Overall 4 of 5
Sector (Internet Software and Services) 1 of 2
Type (Add-on Acquisition) 4 of 5
State (Georgia) 1 of 1
Country (United States) 4 of 5
Year (2021) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-10-04 COMPAS Technology

San Francisco, California, United States

COMPAS Technology is a SaaS recruiting application offering clients cutting-edge functionality to process requisitions, interview and select candidates, approve time, and process invoices. COMPAS Technology was founded in 2008 and is based in San Francisco, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-08-01 SimpleVMS

Cincinnati, Ohio, United States

SimpleVMS is a vendor-neutral vendor management system (VMS) developed by staffing industry professionals to enhance the relationships between clients and their staffing partners. SimpleVMS was founded in 2009 and is based in Cincinnati, Ohio.

Buy -