M&A Deal Summary

SEEK Acquires JobStreet.com Sdn Bhd

On November 20, 2014, SEEK acquired staffing company JobStreet.com Sdn Bhd

Acquisition Highlights
  • This is SEEK’s 8th transaction in the Staffing sector.
  • This is SEEK’s 1st transaction in Malaysia.

M&A Deal Summary

Date 2014-11-20
Target JobStreet.com Sdn Bhd
Sector Staffing
Buyer(s) SEEK
Deal Type Add-on Acquisition

Target

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.

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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 14 of 15
Sector (Staffing) 8 of 9
Type (Add-on Acquisition) 8 of 8
Country (Malaysia) 1 of 1
Year (2014) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-05-22 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.

Buy $16M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-09-29 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.

Sell $1.0B