With private equity backing from K1 Investment Management to fund the maneuver, Jobvite, JazzHR and NXTThing RPO have joined to form a new, combined organization.
The three vendors made their shared announcement in a press release dated April 26. Each brand will continue to operate independently, according to the announcement, as they combine efforts—Jobvite’s in end-to-end talent acquisition technology for the enterprise, JazzHR’s in its recruiting technology for small- and medium-size businesses, and NXTThing’s as a recruitment process outsourcer. JazzHR CEO Pete Lamson assumes this role now for the entire new organization as Aman Brar transitions from his corresponding role at Jobvite to join the new entity’s Board of Directors to provide strategic direction.
Download the full 3Sixty Insights Market Alert: 3Sixty Insights – Market Alert (Jobvite JazzHR NXTThing) – 3SIMA2151