Transaction Overview
- Represented CATS Software (“CATS” or the “Company”) on its sale to Top Echelon Software, a portfolio company of Sagelink Capital.
- CATS Software is a leading global SaaS provider of Applicant Tracking Systems (“ATS”) for recruiting agencies and corporate recruiters.
- The Company provides tools for resume import and parsing, job application collection, resume search, comprehensive reports, job board publication, job website and workflow customization, bulk emailing, and data organization and protection.
- CATS Software helps thousands of companies globally fill their hiring needs. From one-person recruitment shops to Fortune 500 operations, CATS’ customers rely on their solutions to help them expand.
- Top Echelon is a provider of ATS, recruiting, and split placement network software. Top Echelon’s software helps companies attract and retain talent, match workers’ skills to business needs and objectives, and reduce the time and costs associated with processes.
Key Observations
- The acquisition simultaneously expands Top Echelon’s customer and revenue base and strengthens its software product offering.
- Top Echelon will continue to support new and existing CATS customers, as well as expand its market reach to mid-sized businesses both domestically and internationally.