Jobs site Indeed, part of Recruit Holdings, announced that it has signed an agreement to acquire Syft, an online recruiting platform for the hospitality, event and light industrial sectors in the UK. 

Financial details of the transaction were not disclosed.

Founded in 2015, Syft enables hospitality and industrial businesses to hire flexible and part-time staff. Jobseekers go through a compliant onboarding process and get access to thousands of shifts daily. Its proprietary technology provides a recruitment solution and shift management tool for part-time and flexible work, connecting and matching qualified and vetted jobseekers with available shifts through its desktop and mobile app.

Syft’s employees, including its founders, will continue to operate from their headquarters in London and regional office locations.

Chris Hyams, CEO at Indeed, commented, “Syft’s simple and transparent approach to shift work hiring is an innovative solution to the growing demand for part-time and flexible work. We look forward to supporting the Syft team as they continue to improve the hiring experience.”

Jack Beaman, co-founder and CEO at Syft, also commented, “Syft's vision to build the future of work aligns with Indeed's core mission. At Syft, we set out to create a win-win platform to better serve jobseekers and employers, underpinned by values of fairness and transparency. Demand for flexible work continues to surge as both jobseekers and employers look for greater control and choice. We are excited to grow with Indeed.”