M&A Deal Summary

CareerBuilder Acquires Monster

On July 2, 2024, CareerBuilder acquired internet software and services company Monster from Randstad

Acquisition Highlights
  • This is CareerBuilder’s 2nd transaction in the Internet Software and Services sector.
  • This is CareerBuilder’s 5th transaction in the United States.
  • This is CareerBuilder’s 1st transaction in Massachusetts.

M&A Deal Summary
Date 2024-07-02
Target Monster
Sector Internet Software and Services
Buyer(s) CareerBuilder
Sellers(s) Randstad
Deal Type Divestiture

Target

Monster

Weston, Massachusetts, United States
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.

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Buyer(S) 1

Buyer

CareerBuilder

Chicago, Illinois, United States
Category Company
Founded 1995
Sector Staffing
Employees2,000
DESCRIPTION

CareerBuilder provides comprehensive online recruiting products and services for job seekers and employers and has uniquely syndicated its trademarked technology and content to create a network of private-label career sites. CareerBuilder was founded in 1995 and is based in Chicago, Illinois.

DEAL STATS #
Overall 11 of 11
Sector (Internet Software and Services) 2 of 2
Type (Divestiture) 1 of 1
State (Massachusetts) 1 of 1
Country (United States) 5 of 5
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-05-31 Broadbean

London, United Kingdom

Broadbean is a provider of job distribution, candidate sourcing and big data analytics software. Broadbean’s software makes it easy to distribute jobs and search for talent online, while providing tools that optimize your recruitment process and integrate internal systems. Broadbean was founded in 2001 and is based in London, England.

Sell $52M

Seller(S) 1

SELLER

Randstad

Diemen, Netherlands
Category Company
Founded 1960
Sector Business Services
Employees40,000
Revenue 25.4B EUR (2023)
DESCRIPTION
Randstad office in Atlanta, Georgia.
Randstad office in Atlanta, Georgia.

Randstad is a human resource consulting firm and HR service provider. Randstad was founded in 1960 and is based in Diemen, Netherlands.

DEAL STATS #
Overall 7 of 7
Sector (Internet Software and Services) 1 of 1
Type (Divestiture) 6 of 6
State (Massachusetts) 1 of 1
Country (United States) 1 of 1
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-07-12 Grupo CTC

Madrid, Spain

Grupo CTC is a provider of outsourcing services in marketing, merchandising, and promotional logistics. Grupo CTC was founded in 1986 and is based in Madrid, Spain.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-10-22 Zorgwerk

Rotterdam, Netherlands

Zorgwerk is a healthcare and care talent provider recognized for its innovative approach to serving the talent needs of clients in the healthcare, social assistance, and childcare sectors. Its business model is underpinned by a digital marketplace that efficiently matches healthcare and care professionals to the current demand but also prepares its 75,000 healthcare and care professionals for the future through skilling and development. Zorgwerk was founded in 1997 and is based in Rotterdam, Netherlands.

Buy -
Mergr

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