Market Overview

BirdDogHR Secures Investment by Providence Strategic Growth and Joins Arcoro

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PSG invests in hypergrowth HR platform to extend the BirdDogHR
leadership position in talent management. BirdDogHR serves as a
cornerstone company for Arcoro.

BirdDogHR™, the leader in talent
management solutions for the construction, engineering and skilled
trades industries
, has received investment by Providence
Strategic Growth Capital Partners L.L.C. (PSG), an affiliate of
Providence Equity Partners L.L.C.
Todd Skokan remains the President
and CEO of BirdDogHR. He, the BirdDogHR leadership
team
and all BirdDogHR employees will continue to grow the business,
serve customers and deliver BirdDogHR integrated talent management
software and services.

As a part of the overall platform strategy, PSG has created Arcoro.
Arcoro is the proven human capital management (HCM) software and
services provider for high consequence industries and features
cornerstone companies BirdDogHR and sister company, ExakTime. ExakTime
is a mobile, cloud-based solution for time and attendance tracking known
for its ease and seamless integration with payroll. Both companies will
maintain their company names and brands but will now be known as part of
the Arcoro family of human capital management solutions.

The market is vehement for easy-to-use, cloud-based software. Both
BirdDogHR and ExakTime are growing quickly and are leaders in their
focus areas of integrated talent management and time and attendance
respectively. With over 8,000 customers in high consequence industries,
such as construction, energy, home health care and manufacturing, both
companies understand and have established solutions to help companies
maximize workforce performance and efficiencies, build ROI and limit the
risk associated with human capital management. PSG, BirdDogHR and
ExakTime company leaders see synergies in joining forces as Arcoro
because customers from both companies can leverage new capabilities.

McGill Restoration, a building restoration business based in Omaha,
Nebraska, utilizes both ExakTime's and BirdDogHR's services for their
human capital management. "We're happy that ExakTime and BirdDogHR are
now part of the Arcoro group, because they work really well together,"
says Blake Berke, CFO at McGill Restoration. "We rely heavily on both
solutions to streamline our recruiting, hiring, employee tracking and
payroll processes." Manager of Human Resources Kim Roberts adds, "When I
hire someone through BDHR I immediately onboard them into ExakTime. They
go hand in hand. It's a smooth process. Having the web-based reporting
and custom reports from both systems at my fingertips is also
invaluable."

"This growth equity investment is a great testament to the strength of
our team and the success of our customers. We are excited to join forces
with PSG to expedite product innovation and ensure customer
satisfaction. With this new investment in the company, the future is
exciting at BirdDogHR and strong momentum will continue," said Todd
Skokan, President and CEO of BirdDogHR.

"BirdDogHR has had impressive success bringing enterprise grade talent
management and compliance solutions to the high consequence industries
where they matter most. The Company's product suite helps its customers
effectively nurture their workforces using industry-specific best
practices. We, at PSG, are thrilled to partner with Todd and his team,
and welcome them to the Arcoro family," said Gopi Vaddi, PSG Managing
Director.

The BirdDogHR
Talent Management System
 automates, simplifies and streamlines human
capital management processes including recruiting, onboarding,
performance management, learning and succession planning. Recruiting
top talent is easy with a simple apply process and enhanced job
distribution. Onboarding
automates manual paperwork and gets employees on the job faster. Performance
management
, supported by learning
opportunities
, improves employee engagement. Finally, succession
planning
prepares employees for growth opportunities that keep them
invested in the company. From start to finish the system is integrated,
full featured and mobile-friendly. To see the system in action, schedule
a demo
online.

About BirdDogHR
BirdDogHR offers comprehensive talent
management software and managed services — everything you need to guide
the entire employee lifecycle. The cloud-based talent management system
is straightforward and easy to use, so you can safely focus on
implementing strategy — not learning new software or worrying it won't
keep up with changing regulations. Managed services operate as an
extension of your HR department and deliver the expertise and focus you
need. Organizations can see ROI in effective growth management, bottom
line results and compliance peace of mind. BirdDogHR specializes in
high-consequence and government contracting industries because they have
unique needs. Companies from other industries can use the BirdDogHR
talent management solution — and they do — but the solution is built
with the most rigorous compliance needs in mind. To learn more, visit birddoghr.com
and follow the company on LinkedIn,
Twitter
and Facebook.

About ExakTime
Founded in 1999, ExakTime is the 20-year
leader in time and attendance tracking for construction and field
services and the #1-selling system in North America. ExakTime's
cloud-based wireless, mobile, and rugged timekeeping solutions are easy
to implement and use for any size company. Accurate digital time
tracking and convenient payroll syncing streamlines operations, saving
businesses time and money and ensuring they remain compliant. Easy
access from any location and powerful reporting provide the insights
businesses need to effectively manage their growing workforces. ExakTime
is used daily by more than a quarter million workers from dozens of
industries in more than 20 countries. For more information, visit http://www.exaktime.com.

About Arcoro
Arcoro combines proven human capital management
(HCM) software solutions designed to help high compliance and high
consequence companies improve efficiencies, limit risk and build
high-performing teams. With over 8000 customers and 360,000 daily users
in 20 countries around the world, the easy-to-use, cloud-based HCM
software and services are designed to give organizations the competitive
edge needed to scale and grow effectively and efficiently. Visit us
online at www.arcoro.com.

About Providence Strategic Growth
Providence Strategic
Growth Capital Partners L.L.C. ("PSG") is an affiliate of Providence
Equity Partners L.L.C. ("Providence"). Established in 2014, PSG focuses
on growth equity investments in lower middle market software and
technology-enabled service companies, primarily in North America.
Providence is a premier, global asset management firm with $50 billion
in capital under management across complementary private equity and
credit businesses. Providence pioneered a sector-focused approach to
private equity investing with the vision that a dedicated team of
industry experts could build exceptional companies of enduring value.
Since the firm's inception in 1989, Providence has invested in more than
150 companies and is the leading equity investment firm focused on the
media, communications, education and information industries. Providence
is headquartered in Providence, R.I., and has offices in New York,
London, Hong Kong, Singapore, and New Delhi. For more information on
PSG, visit provequity.com/private-equity/psg
and for more information on Providence Equity, please visit provequity.com.

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