Icon (Close Menu)

Logout

Software Developer Metova Merges With CEO’s Hiring Firm

2 min read

The new owners of Metova Inc. of Bentonville have merged the privately held software and hardware developer with CEO Josh Smith’s international hiring firm, Central Standard Talent.

The move was announced Tuesday. The combined company is being rebranded as Metova Strategies.

Smith is part of the Metova management team that purchased the software developer earlier this year from private equity firm Lightview Capital of Summit, New Jersey, and relocated the company from Franklin, Tennessee, to northwest Arkansas.

Not long afterward, Central Standard opened its U.S. headquarters in Bentonville, a location announced as complementary to the company’s existing headquarters in Guadalajara, Mexico.

Under the merger, all locations are being consolidated to The Ledger, a new bike-friendly building in downtown Bentonville. That includes former Metova offices in Conway and Fayetteville. Some employees will continue to work remotely throughout the U.S. and Mexico.

Metova builds mobile apps, websites, sensor networks and other software and hardware to help clients leverage technology in their businesses. Central Standard offers customized hiring programs and support services.

In response to emailed questions from Arkansas Business, Smith said the two companies initially operated independently under the new ownership team, but it became clear over the first half of 2023 that there were “significant synergies” between them that could provide increased value to customers.

Smith said Central Standard has seen higher demand for its services amid a tight labor market, and that its extended network across Latin America positions the company to cater to a broad range of client needs.

“Companies are seeking effective solutions to attract and retain talent in this competitive environment, and our unique human resources services have been well-positioned to assist in accessing Latin American talent,” he said.

Smith declined to disclose the combined company’s employee count, but said there was no overlap between Metova and Central Standard workers.

Metova was founded in 2006 as a mobile app development company.

Send this to a friend