M&A Deal Summary

Symplicity Acquires Contratanet

On August 7, 2018, Symplicity acquired staffing company Contratanet

Acquisition Highlights
  • This is Symplicity’s 1st transaction in the Staffing sector.
  • This is Symplicity’s 1st transaction in Brazil.

M&A Deal Summary

Date 2018-08-07
Target Contratanet
Sector Staffing
Buyer(s) Symplicity
Deal Type Add-on Acquisition

Target

Contratanet

Belo Horizonte, Brazil
Contratanet is a provider of integrated network of career portals for jobs and internships. Contratanet technology connects higher education institutions, companies, candidates and portal partners to bring together quality opportunities and professionals. Contratanet was founded in 2006 and is based in Belo Horizonte, Brazil.

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Buyer(S) 1

Buyer

Symplicity

Arlington, Virginia, United States

Category Company
Founded 1997
Sector Internet Software and Services
DESCRIPTION

Symplicity sells SaaS-based solutions to over 1,200 institutions that help manage all aspects of a student’s life on campus, including career services, academics, behavioral intervention, and student conduct. More than 400,000 active employers utilize the Company’s on-campus recruiting software to leverage the higher education job network in the U.S. and recruit students and alumni for entry-level jobs. Symplicity was founded in 1997 and is based in Arlington, Virginia.


DEAL STATS #
Overall 1 of 2
Sector: Staffing M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 2
Country: Brazil M&A 1 of 1
Year: 2018 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-12-06 Orbis Communications

S. Hamilton, Ontario, Canada

Orbis Communications is a SaaS-based platform focused on student employability, accessibility and wellness. Orbis Communications is based in S. Hamilton, Ontario.

Buy -