CareerBuilder is acquiring WORKTERRA, a cloud-based benefits administration and talent management firm. The acquisition expands CareerBuilder's product offering beyond recruitment into post-hire solutions and completes CareerBuilder's evolution into a full-service human capital management company.

The transaction closed Sept. 2. Terms of the deal were not disclosed.

WORKTERRA will operate as a CareerBuilder company and David Rhodes will remain as CEO of WORKTERRA.

“CareerBuilder has reinvented who we are as a company over the last few years,” said CareerBuilder CEO Matt Ferguson. “This acquisition is a defining moment because it enables us to step beyond recruitment and become an end-to-end human capital management firm. WORKTERRA is a fast-moving, fast-growing company with deep functionality built from the ground up. Working together, we will bring an unprecedented scope of innovation to market that will solve critical issues clients face in hiring, developing and managing employees.”

Founded in 2006, WORKTERRA is headquartered in Pleasanton, Calif.. It has more than 600,000 employees in its system, which provides services ranging from onboarding and benefits administration to wellness and compliance.

“WORKTERRA and CareerBuilder share a strong obsession around innovation, creating forward-looking technology, and delivering the features and benefits that people crave,” Rhodes said. “Now our brands are poised to offer unmatched solutions across pre- and post-hire HCM needs.”

CareerBuilder and WORKTERRA’s human capital management solutions serve companies of all sizes but primarily target mid-size firms.