SOURCE: Peopleclick Authoria

Peopleclick Authoria

April 14, 2010 10:10 ET

Bedford Funding/Peopleclick Transaction Awarded "Deal of the Year" by Association for Corporate Growth

RALEIGH, NC--(Marketwire - April 14, 2010) -  In a ceremony held earlier this morning, executives from Peopleclick Authoria and Bedford Funding received the "Deal of the Year" Award from the Association for Corporate Growth in Raleigh Durham, NC. The companies were recognized for the January transaction in which Bedford Funding, a $400 million private equity firm specializing in investments in the software and IT sector, acquired Peopleclick for $100 million. 

Sixty equity funds representing $250 billion in capital attended the conference and panel discussion featuring executives from Bedford Funding and Peopleclick Authoria. In this morning's discussion, moderated by Robert E. Duggins, Partner, Smith, Anderson, Blount, Dorsett, Mitchell & Jernigan, L.L.P., Jon Salon, Managing Director of Bedford Funding and Ron Kupferman, previous Chairman and CEO of Peopleclick and current Vice Chair of Peopleclick Authoria, highlighted key elements of the transaction, opportunities within the Human Capital Management marketplace and the strength of the Peopleclick product portfolio and the Peopleclick Authoria combination.

Following the transaction, Bedford Funding immediately combined Peopleclick's operations with Authoria, an existing Bedford Funding portfolio company to create the industry's first provider of fully integrated best-of-breed Talent Management solutions. The combination of these two leading independent brands, now operating under the Peopleclick Authoria name, currently serves nearly 60 percent of the Fortune 100 and brings an unmatched suite of Talent Management software, services and consulting solutions to enterprise businesses around the world. 

About Peopleclick Authoria
 
Peopleclick Authoria is transforming Talent Management through best-of-breed technology and expertise. With a deep focus on business intelligence and analytics, the company's technology gives clients the actionable insight required to make strategic decisions that drive better business results. Nearly 60 percent of the Fortune 100 use Peopleclick Authoria Talent Acquisition, Talent Management and Workforce Compliance and Diversity solutions to manage salaried, hourly and contingent labor across their organization. These solutions manage the entire talent lifecycle from recruiting to onboarding and through the ongoing management of each individual's career while helping organizations measure, analyze and empower their existing workforce. Both founded separately in 1997, the two human capital management companies joined together in 2010 to form Peopleclick Authoria. The Company's solutions currently support more than 2,400 organizations ranging in size from large, global corporations to small and medium-sized businesses in more than 214 countries and territories around the world.

Contact Information

  • For more information, please contact:

    Alys Scott
    Vice President, Corporate Communications
    Peopleclick Authoria
    Email Contact

    Maura Landry
    Senior Account Manager for Peopleclick Authoria
    SHIFT Communications
    (617) 779-1829
    Email Contact