April 2023
Southlake, TX – Gauge Capital (“Gauge”), a leading middle market private equity firm, has announced the sale of Infosoft Group (d/b/a “Circa”) to Mitratech. Headquartered in Milwaukee, Wisconsin, Circa is a market-leading, technology-enabled provider of solutions that empower organizations to build diverse workforces and comply with Office of Federal Contract Compliance Program (“OFCCP”) regulations.
“We invested in Circa to accelerate the growth of its differentiated and best-in-class diversity and compliance products. We are grateful to have worked alongside Scott Molitor (founder), Patrick Sheahan (CEO) and the Circa management team to scale the business,” said Tom McKelvey, Co-Founder and Managing Partner at Gauge Capital.
“Gauge Capital has been a valuable partner in building a scaled provider of talent acquisition compliance solutions at Circa. We look forward to Circa’s next chapter with Mitratech. The opportunity to deliver a fully integrated, end-to-end talent acquisition and management experience that benefits clients, candidates and the market more broadly is exciting for our customers and employees.” said Patrick Sheahan, CEO of Circa.
TD Cowen served as exclusive financial advisor and Ropes & Gray served as legal counsel to Circa on the transaction.
About Circa (www.circaworks.com)
Milwaukee-based Circa is a catalyst for 21st-century companies to build high-performing diverse teams based on research that shows companies want to shift from diversity as a program to diversity as a business strategy. The company’s robust portfolio of software solutions and unparalleled industry expertise give employers the tools and knowledge they need to radically change how they approach talent acquisition and management. The company has 5,000+ customers, 15,500 community partner relationships, and in 2022 posted 8M+ jobs through its network of 600+ online employment websites.
About Mitratech (www.mitratech.com)
Mitratech is a proven global technology partner for corporate legal, risk, compliance, and HR professionals seeking to maximize productivity, control expense, and mitigate risk by deepening organizational alignment, increasing visibility, and spurring collaboration across an enterprise. Mitratech serves over 10,000 organizations worldwide spanning more than 160 countries.