M&A Deal Summary

Fourth Acquires PeopleMatter

On November 11, 2021, Fourth acquired internet software and services company PeopleMatter from SnagAJob

Acquisition Highlights
  • This is Fourth’s 1st transaction in the Internet Software and Services sector.
  • This is Fourth’s 3rd transaction in the United States.
  • This is Fourth’s 2nd transaction in Texas.

M&A Deal Summary

Date 2021-11-11
Target PeopleMatter
Sector Internet Software and Services
Buyer(s) Fourth
Sellers(s) SnagAJob
Deal Type Divestiture

Target

PeopleMatter

Austin, Texas, United States
PeopleMatter is a provider of cloud-based workforce management platforms designed to fit the specific needs of service-industry brands. PeopleMatter's complete set of mobile, workforce solutions and business analytics tools connect processes, employees, and customers in entirely new ways. PeopleMatter is based in Austin, Texas.

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Buyer(S) 1

Buyer

Fourth

Austin, Texas, United States

Category Company
Founded 1999
Sector Internet Software and Services
DESCRIPTION

Fourth is a cloud-based (SaaS) provider of hospitaliy management systems. Fourth was founded in 1999 and is based in Austin, Texas.


DEAL STATS #
Overall 3 of 3
Sector: Internet Software and Services M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Texas M&A 2 of 2
Country: United States M&A 3 of 3
Year: 2021 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-07-10 HotSchedules

Austin, Texas, United States

HotSchedules provides state-of-the-art technology, services and user experiences for the restaurant, retail and hospitality verticals. Over 30,000 customers across 170,000+ locations globally – from large international chains to independent and emerging concepts – rely on HotSchedules’ software and solutions to help them control costs, maintain compliance, improve visibility, increase profitability and drive operational consistency. HotSchedules was founded in 1999 and is based in Austin, Texas.

Buy -

Seller(S) 1

SELLER

SnagAJob

Glen Allen, Virginia, United States

Category Company
Founded 1999
Sector Internet Software and Services
DESCRIPTION

SnagAJob is an online community of hourly workers and a provider of workforce management solutions that allow employers to more effectively hire and manage their hourly workforce. SnagAJob was founded in 1999 and is based in Glen Allen, Virginia.


DEAL STATS #
Overall 1 of 1
Sector: Internet Software and Services M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Texas M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2021 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-06-23 PeopleMatter

Austin, Texas, United States

PeopleMatter is a provider of cloud-based workforce management platforms designed to fit the specific needs of service-industry brands. PeopleMatter's complete set of mobile, workforce solutions and business analytics tools connect processes, employees, and customers in entirely new ways. PeopleMatter is based in Austin, Texas.

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