CareerArc - M&A Summary, Ownership, and Business Overview

Internet Software And ServicesCompany

CareerArc M&A Summary

CareerArc has acquired 2 companies of its own, including 1 in the last 5 years. It has also divested 1 asset.

It’s largest disclosed sale occurred in 2014, when it sold Internships.com to Chegg for $11M. CareerArc has acquired in 1 US state. The Company’s most targeted sectors include internet software and services (50%) and staffing (50%).

CareerArc Ownership

Who owns CareerArc?

CareerArc is owned by Gi Group. It was acquired on July 8, 2020.

Was CareerArc formerly PE-backed?

Yes. CareerArc was formerly owned by 2 private investors.

CareerArc Business Overview

Where is CareerArc headquartered?

CareerArc is headquartered in Burbank, California.

What sector is CareerArc in?

CareerArc is an internet software and services company.

M&A Summary

  • M&A Total Activity3
    • M&A Buy Activity2
    • M&A Sell Activity1
  • Total Sectors Invested 2
  • Total Countries Invested 1
  • M&A Buy/Sell Connections 1

CareerArc

Career Arc Group LLC

3400 W Olive Ave,
Burbank, California 91505
United States,
(888) 303-2526
www.careerarc.com

CareerArc serves as the next generation of social recruiting solutions for job seekers, college students, employers and higher education institutions. With a fundamental shift in the way people find and consume content, businesses have an enormous opportunity to stay more connected with job seekers and generate powerful word of mouth about their brand. CareerArc provides powerful applications to make this possible as well as online job, internship and content solutions to aid job seekers and career professionals to strengthen their skills.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.2/yr) # 1 - - - - 1 2
Sell (0.0/yr) # 1 - - - - - 1
vol $11M $11M
  3

Most Recent M&A

Company Date Value Type
Lumina Co. 2024-04-03 - Add-on Acquisition
Burbank, California · www.lumina.co
Internships.com 2014-10-02 11M USD Divestiture
, United States · www.internships.com
TweetMyJOBS LLC 2011-04-06 - Add-on Acquisition
Burbank, California · www.tweetmyjobs.com
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Internet Software and Services 1 (50%) - 1 (100%) 11M (100%)
Staffing 1 (50%) - - -
Total 2 - 1 $11M

By Geo

State/Country Buy Value Sell Value
United States 2 - 1 11M
  California 2 - - -
Total 2 - 1 $11M

Deal Values

sell # Total
< $100M 1 $11M
TOTAL $11M
Largest Internships.com
$11M (2014-10-02)

M&A Connections

Deals
Divested to
Strategic(s)
100%
1 (100%)

 Subscribe to unlock this and 206,067
investor and company profiles

Sign-up today to get full access

  • check  Unlimited Searches
  • check  Unlimited Profile Views
  • check  Build and Export Lists of
    • PE Backed Companies
    • Direct Investors & Acquirers
    • Advisors
    • Deals
    • & More

What's Mergr?

We built Mergr to save people the arduous and time-consuming process of tracking when companies are bought, sold, and who currently owns them.

Every day, new opportunities emerge around M&A and we help professionals of all types comb through transactions, investors, and corporate acquirers via an easy-to-use web database that is accessible to anyone.

Try us for 1 week free today!

Mergr, the Easiest-to-Use PE and M&A DB


Key Benefits

  • Stay informed on events in your industry
  • M&A research that takes seconds (not all afternoon)
  • Better understand your customers and prospects
  • Discover active buyers (or sellers)
Search
  • 4.6K Private Equity Firms
  • 198K M&A Transactions
  • 201K Companies Involved in M&A
    (Buyer, Seller, or Target)
  • 3.6K M&A Advisors
    (Investment Banks and Law Firms)
  • 79K M&A Contacts
    (PE and M&A Advisors)

Ready to try?

Join FREE for 1 Week

No obligation. Cancel anytime.