NEW YORK, Nov. 1 /PRNewswire/ -- Dice Holdings, Inc., the leading provider of specialized career sites and career fairs, today announced that it has completed the purchase of eFinancialGroup Limited, headquartered in the U.K. eFinancialGroup is the parent company of eFinancialCareers.com, the premier global financial markets career site for investment banking, asset management and securities professionals, and jobsinthemoney.com, the leading career site for accounting, finance, retail banking and wealth management professionals in the United States. Financial terms were not disclosed.
Through this transaction, Dice will broaden its career service offerings beyond technology and engineering recruiting and will now provide its customers with access to high-quality finance, accounting and capital markets professionals. Additionally, with eFinancialCareers' operations in 13 countries and five languages, the transaction will enable Dice to further expand its presence in important global recruiting markets.
"This acquisition continues our strategy of expanding into attractive high growth recruiting sectors," said Scot Melland, president and CEO of Dice Holdings, Inc. "We're confident we can foster eFinancialCareers' global expansion while accelerating its growth in the U.S. As the leading career sites in their areas, jobsinthemoney.com and eFinancialCareers.com are well positioned to take advantage of the growing demand for finance, accounting and capital markets professionals."
"We are thrilled to join the dynamic Dice team," said John Benson, CEO, eFinancialCareers. "This new partnership will provide us with a well-capitalized parent company and the support infrastructure necessary to continue to grow our leading career sites, eFinancialCareers.com and jobsinthemoney.com, in both the U.S. and around the rest of the world."
Dice.com, jobsinthemoney.com and eFinancialCareers.com are the #1, #2, and #3 niche job sites, respectively, according to Alexa traffic rankings. eFinancialCareers.com and jobsinthemoney.com will remain separate websites with their own targeted communities and services.
Dice Holdings, Inc. is owned by private equity firms General Atlantic LLC and Quadrangle Group, which acquired the company in August 2005. eFinancialGroup was advised in the transaction by Rothschild. eFinancialNews, a separate subsidiary of eFinancialGroup, has been purchased from eFinancialGroup by a group of investors.
About Dice
Dice Holdings, Inc. is the leading provider of specialized career sites and career fairs for high growth vertical sectors. With a 16-year track record of meeting the ever-changing needs of companies and recruiters, our specialty focus and exposure to highly skilled professional communities enable employers to reach hard-to-find, experienced and qualified technology and engineering, accounting and finance, capital markets, and security-cleared candidates.
Dice Holdings, Inc. provides services to help recruiters, consultants and businesses hire and train highly qualified professionals through its six businesses: Dice, the leading online career site for technology and engineering professionals (http://www.dice.com); ClearanceJobs.com, the premier secure job board focused exclusively on candidates with active or current U.S. Government security clearances (http://www.clearancejobs.com); eFinancialCareers, the leading global career site network for jobs and career management in investment banking, asset management and securities (http://www.eFinancialCareers.com); jobsinthemoney.com, the leading targeted career site for accounting, finance, retail banking and wealth management professionals in the United States (http://www.jobsinthemoney.com); Targeted Job Fairs, the leading producer of career fairs and open houses for technology and engineering, and security-cleared candidates nationwide (http://www.targetedjobfairs.com); and MeasureUp, a leading destination for IT certification practice tests, assessments and online courses (http://www.measureup.com).
About eFinancialCareers
eFinancialCareers, a Dice company, is the leading global career site network for jobs and career management in investment banking, asset management and securities. eFinancialCareers provides career sites for the capital markets in the U.S., U.K., Ireland, France, Germany, Belgium, Luxembourg, Netherlands, Switzerland, Italy, Hong Kong, Singapore and Australia. The eFinancialCareers network also includes more than 40 partner sites that increase the reach of job listings.
These partners include InstitutionalInvestor.com (U.S.), Financial News (UK), La Tribune (France), Milano Finanza (Italy), Finanztreff (Germany), Finance Asia (S.E. Asia), and Financial Standard (Australia).
eFinancialCareers.com is a winner of 2006 Weddle's User Choice Award.
About jobsinthemoney.com
Jobsinthemoney.com, a Dice company, is the leading targeted career site for accounting, finance, retail banking and wealth management professionals in the United States. Jobsinthemoney.com has a network of partner sites that include Big4.com, AuditNet and American Banker.
Jobsinthemoney.com is a winner of the 2006 Weddle's User Choice Award and Forbes' Best of the Web award in the category of Job Hunting.
About General Atlantic LLC
General Atlantic LLC is a leading global private equity firm providing capital for growth companies driven by information technology or intellectual property. The firm was founded in 1980 and has approximately $10 billion of capital under management. General Atlantic has invested in over 150 companies, with current holdings in 50 portfolio companies of which about one-half are based outside the United States. The firm is distinguished within the investment community by its global strategy and worldwide presence, its commitment to provide sustained value-added assistance for its portfolio companies and its long-term approach. General Atlantic has over 70 global investment professionals among its 150 employees worldwide with offices in Greenwich, New York, Palo Alto, London, Dusseldorf, Hong Kong and Mumbai. For further information and a listing of GA's public and private portfolio companies see http://www.generalatlantic.com.
About Quadrangle Group LLC
Quadrangle Group LLC is a private investment firm based in New York City, with approximately $5 billion in assets under management.
Quadrangle invests in media and communications companies through separate private and public equity investment strategies, and in the securities of financially troubled companies across all industries through a distressed debt investment program. All investment strategies seek to maximize value by leveraging the investment teams' extensive experience, knowledge and industry relationships. For more information, please visit http://www.quadranglegroup.com.The HR industry´s premier online community and resource for Human Resource professionals: HR, human resources, HR community, human resources community, HR best practices, best practices in human resources, online communities for HR, HR articles, HR news, human resources articles, human resources news, HR events, leadership, performance management, staffing and recruitment, benefits, compensation, staffing, recruitment, workforce acquisition, human capital management, HR management, human resources management, HR metrics and measurement, organizational development, executive coaching, HR law, employment law, labor relations, hiring employees, HR outsourcing, human resources outsourcing, training and development
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