M&A Deal Summary

SEEK Acquires IDP Education Australia

On September 1, 2006, SEEK acquired staffing company IDP Education Australia

Acquisition Highlights
  • This is SEEK’s 2nd transaction in the Staffing sector.
  • This is SEEK’s 4th transaction in Australia.

M&A Deal Summary

Date 2006-09-01
Target IDP Education Australia
Sector Staffing
Buyer(s) SEEK
Deal Type Add-on Acquisition

Target

IDP Education Australia

Deakin, Australia
IDP Education Australia Limited is a provider of student placement and English language testing services in Australia, Canada, and internationally.

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Buyer(S) 1

Buyer

SEEK

Melbourne, Australia

Category Company
Founded 1997
Sector Staffing
Employees10,000
Revenue 1.1B AUD (2024)
DESCRIPTION

SEEK is a diverse group of companies that have a unified purpose to help people live more fulfilling and productive working lives and help organisations succeed. SEEK makes a positive impact on a truly global scale with exposure to over 2.9 billion people and greater than 20% of Global GDP. SEEK was founded in 1997 and is based in Melbourne, Australia.


DEAL STATS #
Overall 5 of 15
Sector (Staffing) 2 of 9
Type (Add-on Acquisition) 4 of 8
Country (Australia) 4 of 5
Year (2006) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-03-27 IDP Education Pty

Melbourne, Australia

IDP Education is a provider of English language testing and enrolment services to international students looking to study in a number of countries including Australia. IDP has now expanded its offerings for students to include universities in the US, Canada and UK.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2006-10-09 Zhaopin

Beijing, China

Zhaopin is a online employment marketplace in China. The company operates zhaopin.com, a career-focused online recruitment Website that offers classified job postings and display advertisements. Zhaopin was founded in 1994 and is based in Beijing, China.

Buy -