On September 14, 2021, Glassdoor, the worldwide leader on insights about jobs and companies, announced that through its parent company it has completed the acquisition of Fishbowl, a fast-growing social network used by more than one million professionals engaging in candid conversations about anything career, industry, and workplace-related. The financial terms of the deal were not disclosed. Wilson Sonsini Goodrich & Rosati advised Fishbowl on the transaction.
With more than 55 million unique users each month, Glassdoor is on a mission to help people everywhere find a job and company they love by increasing workplace transparency. With Fishbowl’s focus on building meaningful connections and more personal conversations for working professionals, the two platforms are highly complementary and help people get the information they need to make more informed career decisions. Fishbowl by Glassdoor will deliver even more workplace transparency, empowering professionals to have candid conversations, connect with one another, build communities, and gain helpful insights to advance their careers. With the acquisition, employees and job seekers on Glassdoor will now see relevant Fishbowl conversations from people working in related companies and industries.
The Wilson Sonsini team that advised Fishbowl on the transaction included:
M&A
Rich Mullen
David Lee
Elia Perez Villamarin
Corporate
Andrew Hoffman
Mike Pestana
Technology Transactions
Barath Chari
Scott McKinney
Nora Shafie
Privacy and Cybersecurity
Matt Staples
Daniel Chen
Erin Soyoung Park
Tax
Myra Sutanto Shen
Sunny Dhaliwal
Employee Benefits and Compensation
Jaqueline Tokuda
Mark Cornillez-Ty
Kristen Stidham
Employment Law
Rebecca Stuart
Nedim Novakovic
Regulatory/CFIUS
Joshua Gruenspecht
Seth Cowell
For more information, please see Glassdoor’s press release and this blog post from Fishbowl’s co-founder and CEO.