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M&A Deal Summary

Seek Acquires Jobs DB

On May 22, 2014, Seek acquired staffing company Jobs DB for 16M USD

Acquisition Highlights
  • This is Seek’s 7th transaction in the Staffing sector.
  • This is Seek’s 2nd largest (disclosed) transaction.
  • This is Seek’s 2nd transaction in China.

M&A Deal Summary
Date 2014-05-22
Target Jobs DB
Sector Staffing
Buyer(s) Seek
Deal Type Add-on Acquisition
Deal Value 16M USD

Target

Jobs DB

Hong Kong, China
Jobs DB Inc. is a online recruitment platform in the Asia Pacific brings employers and job seekers together to pair the suitable talents with job vacancies.

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Buyer(S) 1

Buyer

Seek

Melbourne, Australia
Category Company
Founded 1997
Sector Staffing
Employees3,245
Revenue 1.1B AUD (2025)
DESCRIPTION

Seek operates online employment marketplaces and related services. Seek’s platforms connect job seekers with employers and also provide career?related education and volunteer opportunity listings. Seek was founded in 1997 and is based in Melbourne, Australia.

DEAL STATS #
Overall 13 of 15
Sector: Staffing M&A 7 of 9
Type: Add-on Acquisition M&A Deals 7 of 8
Country: China M&A 2 of 3
Year: 2014 M&A 2 of 3
Size (of disclosed) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-04-11 BdJobs.com

Dhaka, Bangladesh

BdJobs.com Ltd is a online employment marketplace in Bangladesh. It offers online job advertisement/application, hot job advertisement, online CV bank access, email marketing, banner advertisement.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-11-20 JobStreet.com Sdn Bhd

Kuala Lumpur, Malaysia

JobStreet.com Sdn Bhd is an internet based recruitment service provider. JobStreet was formed in 1997 and is based in Kuala Lumpur, Singapore.

Buy -
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