MINNEAPOLIS--(BUSINESS WIRE)--Field Nation, a leading work platform connecting organizations with independent contractors to get work done, today announced it will acquire Field Solutions, based in Minnetonka, Minn. This is the first pure-play, intra-industry acquisition in the Freelance Management System (FMS) marketplace, in North America. Financial terms of the acquisition will not be disclosed.
Field Nation and Field Solutions have both evolved as innovators in the industry. In just seven years, Field Nation has become one of the largest providers of online work platforms, with more than 50,000 registered users and more than $60 million in revenue (FY 2014). The Field Nation platform enables enterprises to use a single cloud-based solution to find, manage and pay contractors for any job anywhere in North America. Field Solutions delivers flexible staffing and proprietary on-line software automation and IT services to technology enterprises and technology service companies.
“As a company, we want to think big and think long term,” said Mynul Khan, CEO of Field Nation. “The acquisition of Field Solutions strengthens our position in the FMS platform space. The project and program management strengths of Field Solutions fit well with the visibility, accountability and control that Field Nation customers demand. We are pleased to bring Field Solutions into the Field Nation family.”
“As two of the major players in our industry, I am excited to join forces with Field Nation and consolidate the power of our teams,” said Mac Lewis, CEO of Field Solutions. “Together, our combined technology and talent makes us the strongest and most complete FMS on the planet.”
In September 2014, Field Nation relocated to the 23rd floor of the AT&T Tower in Minneapolis to accommodate the company’s growth. Field Solutions employees will join the Field Nation team at its headquarters. Once the integration is complete, Field Nation will employ more than 100 full-time employees.
Combined, Field Nation and Field Solutions make up the most advanced FMS available. Field Nation’s long-term objective is to be the dominant SaaS ecosystem used for work. The acquisition of Field Solutions, with its highly developed service programs and delivery capabilities, helps Field Nation move toward this goal.
About Field Nation
Field Nation (www.fieldnation.com)
is the leading online work platform for connecting businesses and
workers. Global enterprises to small local companies use Field
Nation’s self-service web portal to find, manage and pay contractors for
any specific job. The platform enables workers to spend more time
working and enables businesses to manage the right talent anywhere in
the world, on demand. Field Nation has more than 50,000 service
providers in its network and serves businesses globally.
