M&A Deal Summary

Recruit Holdings Acquires Peoplebank Australia

On January 14, 2015, Recruit Holdings acquired staffing company Peoplebank Australia from Navis Capital Partners

Acquisition Highlights
  • This is Recruit Holdings’ 7th transaction in the Staffing sector.
  • This is Recruit Holdings’ 3rd transaction in Australia.

M&A Deal Summary

Date 2015-01-14
Target Peoplebank Australia
Sector Staffing
Buyer(s) Recruit Holdings
Sellers(s) Navis Capital Partners
Deal Type Add-on Acquisition

Target

Peoplebank Australia

Sydney, Australia
Peoplebank is Australia’s IT recruitment company, specialising in the permanent and contract placement of IT&T professionals across all vertical markets. Peoplebank Australia have a national network of offices in Adelaide, Brisbane, Canberra, Melbourne, Perth and Sydney; with 3,000 contractors on-site and place 6,000 candidates every year. Peoplebank Australia was founded in 1990 and is based in Sydney, Australia.

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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 9 of 16
Sector: Staffing M&A 7 of 10
Type: Add-on Acquisition M&A Deals 9 of 15
Country: Australia M&A 3 of 3
Year: 2015 M&A 3 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-01-14 Chandler Macleod Group

Sydney, Australia

Chandler Macleod Group Ltd. is a provider of human resource outsourcing (HRO), recruitment, consulting, and managed services.

Buy $309M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-03-05 Quandoo

Berlin, Germany

Quandoo GmbH is an online restaurant reservation service provider operating mainly in Germany and other countries in the EU. Since its foundation in 2012, Quandoo has operated online restaurant reservation platforms that are rapidly growing mainly in Europe. This platform is currently adopted by more than 6,000 restaurants in 13 countries (as of February 28, 2015) from top-class restaurants to local diners. Through the most advanced reservation management system in the industry, operational productivity and service quality of member restaurants has been enhanced.

Buy €199M

Seller(S) 1

SELLER

Navis Capital Partners

Kuala Lampur, Malaysia

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1998
PE ASSETS 5.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Navis Capital Partners is a private equity firm focused on buyouts, recapitalizations and financial restructurings in Southeast Asia. Navis looks to invest between $15 and $100 million of equity per transaction in companies with up to $500 million in revenue. Navis does not specialize in any specific sector. Navis Capital Partners was formed in 1998 and is headquartered in Kuala Lampur, Malaysia.


DEAL STATS #
Overall 15 of 41
Sector: Staffing M&A 1 of 1
Type: Add-on Acquisition M&A Deals 11 of 26
Country: Australia M&A 4 of 10
Year: 2015 M&A 1 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-01-01 Nitipon Clinic

Bangkok, Thailand

Nitipon Clinic is an operator of aesthetic beauty clinics. Nitipon Clinic was founded in 1991 and is based in Bangkok, Thailand.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-02-24 B Medical Systems

Hosingen, Luxembourg

B Medical Systems is a manufacturer and distributor of medical refrigeration, blood management and cold-chain equipment for large scale vaccination programs in emerging markets. B Medical Systems was founded in 1979 and is based in Hosingen, Luxembourg.

Buy -