Recruiternet Deal Furthers Consolidation

Summary


In September, First Advantage Corp., which offers a range of hiring-related services including drug testing, said it had acquired Recruiternet, which makes the Projectix applicant tracking system. Stand by for more such deals. Katherine Jones, research director of human capital management at Aberdeen Group, says the Recruiternet-First Advantage deal is part of a trend in which small recruiting or hiring management software companies are being swallowed up by bigger players or joining forces among themselves. Other examples in the past 24 months or so are White Amber's acquisition by Recruitsoft (now Taleo) and Deploy Solutions' purchase of Humetrics.

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Recruiternet Deal Furthers Consolidation

In September, First Advantage Corp., which offers a range of hiring-related services including drug testing, said it had acquired Recruiternet, which makes the Projectix ...

See the full content of this document

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