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Global staffing firm Randstad purchased Monster for $429 million in November 2016.
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"And they both sold for quite a bit less than they would have if they'd been open to the idea at the peak, or at least near it, of their prowess." "The leading pay-to-play job boards Monster and CareerBuilder were looking for a ring from a suitor for quite a while," said Martin Burns, a strategic consulting leader with Boston-based HireClix, a digital recruitment advertising agency. If the deal closes for $1 billion, it would represent a downgrade in the value of CareerBuilder, based on a 2006 evaluation at $1.55 billion. It is still possible that an agreement will not be reached.
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Sources told Reuters that GTCR came out on top in an auction for the Chicago-based job search site and is in the process of trying to finalize the terms of a deal. *Start-up entity refers to entities which have been in operation for less than three (3) years.Ĭlick the icon below to reserve a date and time to meet.Leading job board and talent acquisition solutions company CareerBuilder is in exclusive discussions to be purchased by private equity firm GTCR for $1 billion, according to a Reuters report. Where applicable, Work Permit/ CSME Certificate/ Other official document granting permission for employment/ Letter of enrollment/acceptance from Institution in Trinidad & Tobago (for Students only) Reference letter from the customer’s bankers abroad (not required where a non-national has proof of legal status and has been residing in Trinidad and Tobago for over five (5) years)
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