has issued

Series C Preferred Stock

to an investor group led by

SnagAJob is the leading online
community for hourly workers
and provider of talent
management solutions.

The undersigned acted as financial advisor to SnagAJob in this Transaction

SnagAJob.com

Description

SnagAJob.com is the nation’s largest online community of hourly workers and a provider of workforce management solutions that allow employers to more effectively hire and manage their hourly workforce. In addition to connecting hourly employees with employers, the Company also offers a suite of SaaS-based solutions to help these employers assess, select, hire, manage, and train their hourly employees.

Situation

Croft & Bender was hired to represent the Company in a growth recapitalization transaction, allowing shareholders an opportunity to liquidate a portion of their ownership, while also obtaining growth capital to expand the current business.

Result

Croft & Bender successfully negotiated the growth recapitalization of the Company which was led by August Capital and included existing institutional investors, Adams Street Partners, Baird Venture Partners, and C&B Capital.