Delancey Street Partners (“DSP”) is pleased to announce that Delancey Street Capital Partners (“DSCP”), our direct investment entity, has participated in the growth equity financing of gr8 People, Inc. (“gr8 People”).
PHILADELPHIA, November 3, 2015
Delancey Street Partners (“DSP”) is pleased to announce that Delancey Street Capital Partners (“DSCP”), our direct investment entity, has participated in the growth equity financing of gr8 People, Inc. (“gr8 People”). The investment included capital from DSCP, the DSCP Strategic Partners Fund, as well as the Randstad Innovation Fund and several gr8 People senior executives. Bill Filip will continue to serve on the gr8 People’s Board of Directors.
gr8 People (www.gr8people.com) is a leader in enterprise recruiting software for RPO and Corporate enterprises around the world. The gr8 People software-as-a service platform enables recruiting teams to source, brand, hire and communicate across all workforce types, nations, and time zones with no boundaries. gr8 People’s all-in-one platform creates a continuous recruiting environment of information, communication, and agility.
gr8 People is led by Founders, Diane Smith and Jayne Kettles (CEO and COO), both highly successful entrepreneurs and executives who previously founded and sold VirtualEdge Corp. to Automated Data Processing, Inc. (NASDAQ:ADP).
“Talent has become universally recognized as the most important, leveragable, and sustainable asset in business. Now, more than ever, it’s imperative that organizations move away from today’s silos of outdated solutions to a single break-through platform giving talent professionals everything they need to recruit”, says Diane Smith, CEO of gr8 People. “We are pleased to welcome all of our new investors to the gr8 People team. This investment gives us additional resources to amplify our platform innovations, and expand our go-to-market capabilities around the world.”
About gr8 People
gr8 People is 100 percent purpose-built to deliver the unfair advantage companies demand to compete for talent around the world. All-in-one, more powerful, but remarkably simple. It’s the breakthrough platform that brings sourcing, marketing, hiring and onboarding strategies to life; significantly improving productivity, empowering the free flow of information, and driving better talent decisions faster. It’s everything talent professionals need to Recruit gr8. All in One Place. (www.gr8people.com)
About Delancey Street Partners
Delancey Street Partners is an independent, industry-focused investment bank. We serve CEOs, Entrepreneurs, Shareholders and Boards of Directors of high growth and middle market private and public companies. Our services include strategic advisory, capital raising and independent board advice. We advise on sell-side and buy-side M&A, growth capital financings and recapitalizations. Our focus sectors include Business & Technology Services, Consumer, Downstream Energy & Logistics, Financial Technology, Healthcare Services and Industrial & Industrial Technology. We form long-term partnerships with our clients and each engagement is managed by senior professionals with years of industry experience and insight.
About Delancey Street Capital Partners
Through Delancey Street Capital Partners, our merchant banking group, we contribute to, and align ourselves with, our client’s success. We complement our advisory expertise with principal investing, expertise within industry sectors we know and understand extremely well. We provide growth capital to partner clients and serve as a critical resource at key inflection points.