Add-on Acquisition • Internet Software and Services

FlexJobs Acquires Localwise

On May 12, 2022, FlexJobs acquired internet software and services company Localwise

Acquisition Context

This is FlexJobs’ 1st transaction in the Internet Software and Services sector.
This is FlexJobs’ 1st transaction in the United States.
This is FlexJobs’ 1st transaction in California.

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M&A Deal Summary
Date	May 12, 2022
Target	Localwise
Sector	Internet Software and Services
Buyer(s)	FlexJobs
Deal Type	Add-on Acquisition

Target Company

Localwise

Oakland, California, United States

Localwise is a local hiring community with a mission to match local employers with great local talent. The company offers a full suite of local hiring solutions from Localwise Job Advertisements to Localwise Talent Matching. Localwise was formed in 2014 is based in Oakland, California.

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Buyer Overview 1

Buyer

FlexJobs

Boulder, Colorado, United States

Category	Company
Founded	2007
Sector	Internet Software and Services

DESCRIPTION

FlexJobs is a career service specializing in remote and flexible jobs, with over 100 million people having used its resource. The company provides the largest database of vetted remote and flexible job listings, from entry-level to executive, startups to public companies, part-time to full-time and freelance. To support job seekers in all phases of their journey, FlexJobs also offers expert advice and career coaching services. In addition, the company works with leading companies to recruit quality remote talent and optimize their remote and flexible workplace. FlexJobs was formed in 2007 and is based in Boulder, Colorado

Deal Context for Buyer	#
Overall	1 of 1
Sector: Internet Software and Services	1 of 1
Type: Add-on Acquisition	1 of 1
State: California	1 of 1
Country: United States	1 of 1
Year: 2022	1 of 1

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