Reason for acquisition: The company is an international IT staffing organization operating globally. It has a strategy for growing its operations in Europe via acquisitions, therefore the management is open to speaking to interested sellers
Overview of the Buyer for IT Staffing company in Europe
The buyer is an international IT recruiting firm with several offices across the globe. The organization records more than 70M Euro in turnover and is looking to grow its business via acquisitions. The target location is Europe and the industries in which the desired company should be active are IT and Staffing. As type of services, products and activities in which the buyer is interested to invest are Software/IT Services/Product Development and Staffing/Recruiting. The requirements for the target companies are as it follows: 10-50 employees, revenue between 3M and 20M and an extensive experience in IT and Staffing industry. The buyer doesn’t need any banking financing, it relies on its own founding and is planning to start the acquisition process as soon as possible. As synergies to bring to the target are the international experience and the group’s power in terms of resources and know-how.
Profile (strategy) of the Buyer for IT Staffing company in Europe
The buyer company has an extensive experience in all the aspects related to talent acquisition and recruiting and it makes sure that both clients and candidates obtain the best possible result. The dedicated team is able to meet all the needs an organization has in terms of staffing and recruiting. The 3 steps interview process has the goal to discover the candidates that are the best fit for the role. The company works across many industries such as IT, Automotive, Engineering, Healthcare Manufacturing, Retail, Transportation, Government, Utilities, Banking and Financial Institutions. There are provided candidates such as engineers, sales professionals, customer relationship managers, administrative assistants and project managers. The high quality candidates are provided at reasonable rates. The company is specialized in ensuring services for Direct Hire, Contract and Contract to Hire roles. For each client is assigned one account manager that analyses and deals with the client’s particular needs. The process is streamlined in a way that is ensured a clear and productive communication.
The company’s goal is to connect outstanding companies with amazing and talented human resources. This is accomplished by utilizing creative active and passive sourcing methods. The whole recruiting process is composed of 5 crucial steps. Sourcing phase is a pre-screening process in which qualified talent is identified. Info gathering is the phase in which the recruiter has the first interview with the candidate and evaluates skills and competencies. Skill confirmation is when the team lead conducts the second interview with the candidate and verifies the data presented by the recruiter. Match with client indicates the 3rd interview that takes place in order to determine if the candidate is a cultural fit. Client submittal is the final stage in which the candidate is submitted for consideration to the client. Both active and passive candidates are recruited using a variety of sources, from internal database to social media and job boards. In this way there is prepared a wide candidate pool and there is ensured a constant flow of new talent and human potential.
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