VC-backed ThinkHR buys HR That Works

ThinkHR, which is backed by Bundy Ventures, said Wednesday that it has acquired HR That Works. No financial terms were disclosed. Also, as a result of the transaction, Don Phin, founder of HRTW, will join ThinkHR as vice president of strategic solutions. HRTW is an HR platform.

PRESS RELEASE

Pleasanton, Calif. – January 29, 2014 – ThinkHR, which is reinventing the way companies address HR through its online technology platform and live HR expert advice line, today announced that it has acquired HR That Works (HRTW), an HR platform that provides a wide array of training and advisory services. This strategic merger will enable ThinkHR to expand its expertise into the property and casualty market and broaden its online resource library with video content and additional valuable reference material.

As part of the acquisition, Don Phin, founder of HRTW, will be joining the ThinkHR management team as vice president of Strategic Solutions. Phin brings to ThinkHR three decades of experience as an industry expert, published author and speaker.

“ThinkHR is excited to join forces with HRTW and welcomes the team and their impressive client base to the company. Together we can provide businesses around the country with a complete suite of HR training and advisory services from a single, trusted source,” said Pete Yozzo, CEO of ThinkHR. “With HRTW’s risk management expertise and legal perspective, its best-in-class platform will be an excellent complement to our existing platform and team of HR professionals and content contributors. This acquisition is another example of how ThinkHR is always looking for ways to deliver more value to our customers, creating an experience that is as simple and easy to use as it is elegant.”

Phin launched HRTW in 2001 to help employers and insurance brokers manage the human capital risks not insurable through traditional programs, following a 17-year career in employment practices litigation. HRTW has delivered a human resources solution that enables companies of all sizes to find and hire the best workforce, increase productivity, reduce and eliminate workplace conflict, reduce employee claims and build moral and company culture. In addition to his role at HRTW, Phin is the co-editor of the Employment Practices Liability Consultant (EPLiC) Journal, published by the International Risk Management Institute (IRMI); the author of numerous books and e-books; and a nationally recognized speaker on a variety of risk-related HR topics.

About ThinkHR
ThinkHR is a comprehensive cloud-based HR resource center that offers a unique combination of online compliance and employee training solutions, as well as a live HR hotline staffed by seasoned HR advisors to help companies ensure HR compliance, quickly resolve people issues, and implement best practices and training to optimize employee performance. With this combined approach, ThinkHR delivers the fastest, most personalized issue resolution and learning platform in the industry. The company was founded in 2004 and is headquartered in Pleasanton, Calif. For more information, visit www.ThinkHR.com or follow @ThinkHRhotline on Twitter.

 

 

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