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Several of companies in recruiting space (where PostJobFree operates) - merged together.
1) JazzHR merged with Jobvite and NXTThing RPO.
My understanding (hypothesis) is that Jobvite acquired a new CEO, by acquiring JazzHR company.
2) JazzHR got $24.6M in funding, but has weak web traffic results.
So now JazzHR merges with Jobvite and NXTThing RPO (Startwire).
NXTThing RPO acquired Startwire (October 2019).
============
https://www.crunchbase.com/organization/theresumator/company_financials
Total Funding Amount $24.6M
Oct 25, 2017 Series D - $6.6M
============
https://www.similarweb.com/website/jazzhr.com/

3) Jobvite got a whooping $255.5M in funding:
~~~~~~~~~~~~~~~~~~~~~~~
https://www.crunchbase.com/organization/jobvite/company_financials
Total Funding Amount $255.5M
Feb 11, 2019 $200M K1 Investment Management
~~~~~~~~~~~~~~~~~~~~~~~
https://www.similarweb.com/website/jobvite.com/

4) https://www.jazzhr.com/blog/jazzhr-is-joining-forces-with-jobvite-and-nxtthing-rpo/
At 0:33 in Vimeo video, Pete Lamson (CEO of JazzHR) said: "I'm also looking forward to serving as CEO for our combined company."
My hypothesis is that previous Jobvite CEO Aman Brar (that Jobvite hired in 2019) - did not work out.
5) I do not understand why is this a triple-merger (with NXTThing RPO as well).
Usually, mergers combine 2 companies together, not 3.
I know about NXTThing RPO that it acquired Startwire.com back in October 2019.
6) What do you think about the reasons for that merger?
1) JazzHR merged with Jobvite and NXTThing RPO.
My understanding (hypothesis) is that Jobvite acquired a new CEO, by acquiring JazzHR company.
2) JazzHR got $24.6M in funding, but has weak web traffic results.
So now JazzHR merges with Jobvite and NXTThing RPO (Startwire).
NXTThing RPO acquired Startwire (October 2019).
============
https://www.crunchbase.com/organization/theresumator/company_financials
Total Funding Amount $24.6M
Oct 25, 2017 Series D - $6.6M
============
https://www.similarweb.com/website/jazzhr.com/

3) Jobvite got a whooping $255.5M in funding:
~~~~~~~~~~~~~~~~~~~~~~~
https://www.crunchbase.com/organization/jobvite/company_financials
Total Funding Amount $255.5M
Feb 11, 2019 $200M K1 Investment Management
~~~~~~~~~~~~~~~~~~~~~~~
https://www.similarweb.com/website/jobvite.com/

4) https://www.jazzhr.com/blog/jazzhr-is-joining-forces-with-jobvite-and-nxtthing-rpo/
At 0:33 in Vimeo video, Pete Lamson (CEO of JazzHR) said: "I'm also looking forward to serving as CEO for our combined company."
My hypothesis is that previous Jobvite CEO Aman Brar (that Jobvite hired in 2019) - did not work out.
5) I do not understand why is this a triple-merger (with NXTThing RPO as well).
Usually, mergers combine 2 companies together, not 3.
I know about NXTThing RPO that it acquired Startwire.com back in October 2019.
6) What do you think about the reasons for that merger?