M&A Deal Summary

CareerBuilder Acquires Workterra

On September 6, 2016, CareerBuilder acquired internet software and services company Workterra

Acquisition Highlights
  • This is CareerBuilder’s 1st transaction in the Internet Software and Services sector.
  • This is CareerBuilder’s 4th transaction in the United States.
  • This is CareerBuilder’s 1st transaction in California.
Investment Fate
  • Workterra was divested to a consortium of strategic buyers in 2022.

M&A Deal Summary

Date 2016-09-06
Target Workterra
Sector Internet Software and Services
Buyer(s) CareerBuilder
Deal Type Add-on Acquisition

Target

Workterra

Pleasanton, California, United States
Workterra is a fully configurable, easy-to-use benefits administration and enrollment platform built to simplify the growing complexity of benefits for HR and employees. Workterra was founded in 2006 and is based in Pleasanton, California.

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Buyer(S) 1

Buyer

CareerBuilder

Chicago, Illinois, United States

Category Company
Founded 1995
Sector Staffing
Employees2,000
DESCRIPTION

CareerBuilder provides comprehensive online recruiting products and services for job seekers and employers and has uniquely syndicated its trademarked technology and content to create a network of private-label career sites. CareerBuilder was founded in 1995 and is based in Chicago, Illinois.


DEAL STATS #
Overall 10 of 11
Sector: Internet Software and Services M&A 1 of 2
Type: Add-on Acquisition M&A Deals 10 of 10
State: California M&A 1 of 1
Country: United States M&A 4 of 5
Year: 2016 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-03-02 CareerBuilder Employment Screening

Arlington Heights, Illinois, United States

CareerBuilder Employment Screening LLC is a provider of a remarkably in-depth and accurate background screening, drug screening, selection assessments, and other related HR solutions. CareerBuilder Employment Screening is based in Arlington Heights, Illinois.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-04-24 Emsi

Moscow, Idaho, United States

Emsi is a provider of quality employment data and economic analysis via web tools and custom reports. Emsi also produces comprehensive impact analysis for colleges and universities throughout the US and internationally. Emsi was founded in 1987 and is based in Moscow, Idaho.

Sell -