Engage2Excel, a portfolio company of Gridiron Capital LLC has acquired Irvine, California-based recruitment solutions provider Decision Toolbox. No financial terms were disclosed.
NEW CANAAN, Connecticut, December 16, 2016 — Gridiron Capital, LLC (“Gridiron Capital”), a private investment firm, is pleased to announce the acquisition of recruitment solutions provider Decision Toolbox by its portfolio company, Engage2Excel. This addition complements Engage2Excel’s existing HR solutions for employee recognition and surveys and significantly expands the capabilities of its Talent Acquisition division, launched in July 2016.
Founded in 1992, Decision Toolbox developed the leading recruiting productivity platform that astonished candidates, clients and users by embracing every step of the recruiting process to build both quality and efficiency. Recognized for its innovative and creative recruitment products and services, Decision Toolbox has taken a lead role in almost every aspect of the recruitment process. Decision Toolbox employees will continue to work remotely after the acquisition.
“This represents an important next step in our strategy to provide leading-edge HR solutions that help companies attract, hire, motivate and retain highly engaged employees,” Phil Stewart, CEO of Engage2Excel, said. “Decision Toolbox is a disruptive, agile innovator in the recruitment space and their culture, technology platform and smart solutions are the perfect enhancement to our business.”
Owen Tharrington, Managing Director at Gridiron Capital, added, “Decision Toolbox has an excellent reputation for delivering top-quality candidates and solutions for its clients. We are excited to partner with Kim Shepherd, Loren Miner and the entire Decision Toolbox team to continue building on their track record of success as part of the Engage2Excel product and solution ecosystem.”
With the acquisition of Decision Toolbox, Engage2Excel is uniquely positioned to help clients navigate the full employee life cycle – from recruitment and hiring, to immersive onboarding, to milestone and performance recognition programs engineered to support, motivate and retain new and experienced employees.
Adding the capabilities of Decision Toolbox to Engage2Excel’s 124 years of recognition experience gives clients the only recognition company in the industry to provide end-to-end employee engagement solutions through the entire talent life cycle.
About Engage2Excel, Inc.:
Engage2Excel, Inc. provides industry-leading employee engagement solutions that deliver measurable business results. We help clients across all industries—from Fortune 500 corporations to entrepreneurial firms—measure, manage and improve performance with the industry’s only ROI-based employee recognition solution. Our Talent Acquisition division enables clients to recruit, select and onboard highly engaged employees that possess the skills, aptitude and motivation to be productive from day one. Headquartered in Statesville, N.C., Engage2Excel has a long history of pioneering solutions dating back to 1892. Find out more at www.engage2excel.com
About Decision Toolbox:
Founded in 1992, Decision Toolbox (DT) provides progressive recruitment solutions for companies nationwide, employing rigorous quality controls and a 12-month candidate guarantee. Leveraging the latest tools with a knowledgeable and passionate team, DT is an industry leading, technology-driven company offering recruitment solutions to fit the needs of companies of all sizes and in all industries. DT is recognized as a thought leader by organizations such as SHRM, PIHRA, and the NHRA, and was awarded the Alfred P. Sloan Award for Business Excellence in Workplace Flexibility three times, and has appeared eight times on the HRO’s Baker’s Dozen list of top on-demand RPO providers. Find out more at www.decisiontoolbox.com.
About Gridiron Capital, LLC:
Gridiron Capital, LLC, headquartered in New Canaan, CT, is a private equity firm focused on creating value by acquiring and building middle-market manufacturing, service and specialty consumer companies in the United States and Canada. Gridiron Capital’s principals work closely with management teams to develop strategies for portfolio companies, and to provide resources to execute business plans and build industry-leading companies. Additional information is available on the firm’s website at www.gridironcapital.com.