True, the premiere global platform of innovative talent management products and services, recently announced its acquisition of Jopwell, a hiring platform focused on advancing the careers of Black, Latinx and Native American students and early-to-mid-career professionals.
Jopwell perfectly complements the executive-level recruitment focus of True Search and its sister organization AboveBoard. According to the press statement, this holistic offering solidifies True as the leading technology and services firm for advancing diversity, equity and inclusion in leadership.
Though, the company did not disclose the financial details of the purchase.
Commenting on the acquisition, Co-founder & Co-CEO of True, Brad Stadler, said:
Jopwell and True share three significant goals–to empower underrepresented talent in the workforce, to help companies meet their goals for diversifying leadership, and to bring the most innovative talent solutions to market. We couldn’t be more excited about the impact we can make together, especially under Jopwell’s continued leadership of co-founders Ryan Williams and Porter Braswell.
Co-founded by Brad Stadler and Joe Riggione, True aims to evolve the talent management industry by creating tools and services that increase transparency and efficiency within the global talent market—adding value to the worldwide talent pool, its clients, and everyone who provides talent-related services. The platform consists of a collection of brands, including True Search (retained executive search), TrueBridge (advisory, interim and fractional executive placement), Thrive (Talent CRM software), and Synthesis (leadership assessment and development tools).
The startup helps companies fulfil their diversity and inclusion goals with business units AboveBoard (an inclusive executive platform and community) and Jopwell (the first and leading diversity tech platform for early-mid career professionals). It also backs promising companies through its investment firms, True Equity and Vera Equity.
Co-founder & CEO of Jopwell, Ryan Williams, commented:
This partnership with True’s global reach and resources expands the value we deliver to our partners and community members. We’re aligned from our technology roots to our shared visions for disrupting the talent industry for the better of all people.
As a part of the deal, Jopwell CEO Ryan Williams and Executive Chairman Porter Braswell will continue to lead the company as a business unit within True Platform. Jopwell’s 130,000 community members, 96% of which self-identify as Black, Latinx, and Native American, can access opportunities from partners across a list of well-known brands, including American Express, BlackRock, Bloomberg, Deloitte, Citi, Google, and Johnson & Johnson.
Jopwell strives to embody its vision for a more diverse, equitable, and inclusive workforce. The team is made of professionals with a wide range of unique backgrounds, experiences, and skill sets. The company works closely together to advance the careers of students and professionals of colour while partnering with companies who know that representation matters.
Adding further about the deal, Co-founder & Executive Chairman of Jopwell, Porter Braswell, said:
You can’t improve diversity at the executive level by working at the executive level alone. Starting with interns, Jopwell empowers our partners to recruit, hire and retain underrepresented talent and develop those high-potential employees to be the leaders of tomorrow.
True is transforming the talent industry to be more transparent and provide more pathways than ever for underrepresented talent to reach critical leadership positions.