M&A Deal Summary

Recruit Holdings Acquires Bo Le Associates Group

On April 26, 2013, Recruit Holdings acquired staffing company Bo Le Associates Group

Acquisition Highlights
  • This is Recruit Holdings’ 3rd transaction in the Staffing sector.
  • This is Recruit Holdings’ 1st transaction in China.

M&A Deal Summary

Date 2013-04-26
Target Bo Le Associates Group
Sector Staffing
Buyer(s) Recruit Holdings
Deal Type Add-on Acquisition

Target

Bo Le Associates Group

Hong Kong, China
Bo Le Associates Group Ltd. is an Asia's largest executive search company. Bo Le has 17 years of experience placing English-speaking and local-language-speaking staff with multinational companies. A wide range of services are provided, including executive search for senior management under the Bo Le brand and selection services for middle and junior managers to regular staff under the BRecruit brand.

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Buyer(S) 1

Buyer

Recruit Holdings

Tokyo, Japan

Category Company
Founded 1960
Sector Business Services
Employees49,480
Revenue 3.56T JPY (2025)
DESCRIPTION

Recruit Holdings is a global human resources and information services company. Recruit's HR services include temporary staffing, permanent placement, recruitment advertising, consulting, assessment and training. Recruit Holdings was formed in 1960 and is based in Tokyo, Japan.


DEAL STATS #
Overall 4 of 16
Sector: Staffing M&A 3 of 10
Type: Add-on Acquisition M&A Deals 4 of 15
Country: China M&A 1 of 2
Year: 2013 M&A 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-09-25 Indeed

Austin, Texas, United States

Indeed, Inc. is a mobile and web-based job search engine for job listings worldwide. Indeed was formed in 2004 and is based in Austin, Texas.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-08-13 NuGrid Consulting pvt

Mumbai, India

NuGrid Consulting pvt Ltd. is one of the largest executive search firms in India. NuGrid's assets include long-term, highly experienced staff, strong relationships with local company executives, and a database of job seekers.

Buy -