The South Carolina Research Authority (SCRA) recently announced that one of its SC Launch, Inc. portfolio companies, Engage Talent, has been acquired by Workforce Logiq, a global provider of workforce management software and services to large corporations.
The acquisition will allow Workforce Logiq customers to exclusive access to Engage Talent’s data science, AI capabilities and proprietary benchmarks, SCRA stated in a press release. Additionally, the action provides Workforce Logiq a universal sourcing solution that can address various elements of companies’ talent acquisition and retention programs, contingent worker management and freelance workers.
“We had confidence in Engage from the very beginning," SCRA investment manager Derek Willis said in the press release. "Beyond the truly game-changing technology the team created, founder and CEO Joe Hanna had a proven track record of strong leadership and the ability to deliver – all pointing to a very bright future for the company. This deal is another proof point of the value of the SC Launch program. We are very excited to celebrate Engage’s achievement and Workforce Logiq’s continued presence and investment in South Carolina’s tech corridor.”