Job site CareerLingual talking the language of M&A
29 May 2013
Recruitment group CareerCross is looking for a buyer for its international multi-lingual job board CareerLingual.
Wed, 29 May 2013Recruitment group CareerCross is looking for a buyer for its international multi-lingual job board CareerLingual.
The decision follows a strategic review of the CareerCross group of companies by human capital sector mergers & acquisitions (M&A) advisors Boxington Corporate finance.
Richard Bysouth is the British-born chief executive officer of the Japanese group. He comments: “We are in many ways reluctant to go down the disposal route having done the hard yards of build and investment in CareerLingual without seeing it yet properly grow.
“But our recent strategic review has convinced us that it is non-core to the rest of our Group so it is right to explore if there is a partner out there who can give it more focus.”
Career Lingual has around 20,000 bilingual and multilingual candidates.
Interested parties are directed to contact Boxington direct. Boxington senior executive Mark Kingston tells Recruiter: “Potential buyers for the CareerLingual platform are likely to include multi-lingual recruiters, recruitment firms with multi-national clients and publishing houses who are increasingly moving into the online recruitment space.”
Boxington also compiles Recruiter's FAST 50 list of the UK fastest-growing private recruitment business.
The decision follows a strategic review of the CareerCross group of companies by human capital sector mergers & acquisitions (M&A) advisors Boxington Corporate finance.
Richard Bysouth is the British-born chief executive officer of the Japanese group. He comments: “We are in many ways reluctant to go down the disposal route having done the hard yards of build and investment in CareerLingual without seeing it yet properly grow.
“But our recent strategic review has convinced us that it is non-core to the rest of our Group so it is right to explore if there is a partner out there who can give it more focus.”
Career Lingual has around 20,000 bilingual and multilingual candidates.
Interested parties are directed to contact Boxington direct. Boxington senior executive Mark Kingston tells Recruiter: “Potential buyers for the CareerLingual platform are likely to include multi-lingual recruiters, recruitment firms with multi-national clients and publishing houses who are increasingly moving into the online recruitment space.”
Boxington also compiles Recruiter's FAST 50 list of the UK fastest-growing private recruitment business.
