FREE MEMBERSHIP Includes » ABL Advisor eNews + iData Blasts | JOIN NOW ABLAdvisor Gray ABLAdvisor Blue
Skip Navigation LinksHome / Press Releases / Read Press Release


Citizens Advises WorkN on its Acquisition by Avionté

September 27, 2021, 08:03 AM
Filed Under: Staffing Services

Citizens M&A Advisory served as the exclusive financial advisor to WorkN, a mobile on-demand staffing platform, on its acquisition by Avionté, a portfolio company of Serent Capital. This acquisition represents Citizens’ 17th Human Resources Technology transaction and second with Avionté.

WorkN’s SaaS platform offers an engaging mobile experience for staffing and recruiting, which is fast becoming a critical element in talent enablement. They help organizations create custom, white-labeled apps that allow for comprehensive in-app experiences for candidates and workers.

By acquiring WorkN, Avionté — a leader in enterprise staffing and recruiting software solutions — gains ground on its commitment to provide its customers with end-to-end talent enablement and candidate experience technology.

WorkN, operating as a division of Avionté, will continue to serve large enterprise staffing companies and employers, a market in which WorkN already has penetration and momentum. At the same time, WorkN will gain access to Avionté’s customer base of more than 1,000 staffing companies.

Jakob Rohn, co-founder of WorkN, said: “WorkN is delighted to have had the guidance of the Citizens team leading our successful sale of the company to Avionté. The team's passion for a fair and smooth process with all parties was critical in the success of our strategic merger.”

Scott Rhodes, managing director at Citizens, said: “The management team at WorkN has built a fast-growing SaaS business facilitating recruiting for the staffing agencies and employers, and we are thrilled to work with them on strengthening this existing partnership with Avionté.”


Comments From Our Members

You must be an ABL Advisor member to post comments. Login or Join Now.