M&A Deal Summary

Monster Acquires Jobpilot

On April 23, 2004, Monster acquired internet software and services company Jobpilot from Adecco Group for 88M EUR

Acquisition Highlights
  • This is Monster’s 1st transaction in the Internet Software and Services sector.
  • This is Monster’s largest (disclosed) transaction.
  • This is Monster’s 1st transaction in Germany.

M&A Deal Summary
Date 2004-04-23
Target Jobpilot
Sector Internet Software and Services
Buyer(s) Monster
Sellers(s) Adecco Group
Deal Type Divestiture
Deal Value 88M EUR

Target

Jobpilot

Bad Homburg, Germany
Jobpilot is an online recruitment company with online operations in 14 European countries.

Search 193,240 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Monster

Weston, Massachusetts, United States

website

Category Company
Founded 1967
Sector Internet Software and Services
Employees3,700
Revenue 667M USD (2015)
DESCRIPTION
Monster's corporate headquarters in Weston, Massachusetts.
Monster's corporate headquarters in Weston, Massachusetts.

Monster is a global online employment solution provider. Monster works by connecting employers with quality job seekers at all levels and by providing personalized career advice to consumers globally. Monster was formed in 1967 and is based in Weston, Massachusetts.

DEAL STATS #
Overall 2 of 8
Sector (Internet Software and Services) 1 of 4
Type (Divestiture) 1 of 2
Country (Germany) 1 of 1
Year (2004) 1 of 2
Size (of disclosed) 1 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2000-04-01 System One

Pittsburgh, Pennsylvania, United States

System One is a provider of managed staffing and technical outsourcing solutions to improve productivity, specializing in the energy, engineering, information technology, commercial and scientific sectors. System One is the sixth largest engineering staffing companies and the forty-second largest staffing company overall in the U.S. System One is based in Pittsburgh, Pennsylvania.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2004-05-26 JobsAhead

India

JobsAhead is a leading online recruitment solutions provider in India.

Buy Rs40M

Seller(S) 1

SELLER

Adecco Group

Zurich, Switzerland

website

Category Company
Founded 1957
Sector Staffing
Employees34,574
Revenue 19.6B EUR (2020)
DESCRIPTION
Entrance to Adecco office in Stockholm, Sweden.
Entrance to Adecco office in Stockholm, Sweden.

The Adecco Group is a provider of HR solutions. With over 31,500 FTE employees and more than 5,000 branches, in over 60 countries and territories around the world, we offer a wide variety of services, connecting more than 650,000 associates with our clients every day. Adecco Group was incorporated in 1957 and is headquartered in Zurich, Switzerland.

DEAL STATS #
Overall 1 of 5
Sector (Internet Software and Services) 1 of 1
Type (Divestiture) 1 of 5
Country (Germany) 1 of 1
Year (2004) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2002-02-06 Jobpilot

Bad Homburg, Germany

Jobpilot is an online recruitment company with online operations in 14 European countries.

Buy €70M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2004-09-23 Adecco Peopleone India Pvt.

Bangalore, India

PeopleOne is a provider of temp workers in India.

Buy -
Mergr

Product

Company

Legal