International law firm Olswang has advised long-standing client CareerBuilder, the global leader in human capital solutions, on the acquisition of Oil and Gas Job Search (OilandGasJobSearch.com), as it continues its expansion of niche online job search platforms.
Oil & Gas Job Search, headquartered in Manchester, is the oil and gas industry's leading online job site outside North America with job postings worldwide. The company has a searchable database of over 550,000 resumes which is growing at a rate of 500 per day. OilandGasJobSearch.com has more than 12,000 active jobs and generates over 100,000 job applications every month.
CareerBuilder.com, is the largest online career site in the United States with more than 24 million unique visitors, 1 million jobs and 50 million resumes, CareerBuilder works with the world's top employers, providing resources for everything from employment branding and talent and compensation intelligence to recruitment solutions. More than 10,000 websites, including 140 newspapers and broadband portals such as MSN and AOL, feature CareerBuilder's proprietary job search technology on their career sites. Owned by Gannett Co., Inc. (NYSE:GCI), Tribune Company and The McClatchy Company (NYSE:MNI), CareerBuilder and its subsidiaries operate in the United States, Europe, South America, Canada and Asia.
Tony Roy, President of CareerBuilder EMEA commented: "With the acquisition of Oil and Gas Job Search, CareerBuilder will continue to provide a leading international recruiting and search service, while simultaneously expanding the niche in North American markets through the company's extensive client relationships. The Olswang team was incredibly helpful in guiding us through this crucial transaction for our growth: their in-depth understanding of the key tech issues in our sector and corporate expertise ensured a successful completion of the deal."
Tony Waller, Partner at Olswang, commented: "We are delighted to help CareerBuilder continue to expand its global footprint into a growing industry."
The Olswang team was led by Partner Tony Waller, who was supported by Corporate Senior Associate Katie Nagy de Nagybaczon, Corporate Associate Annabel Moore-Brabazon, Tax Senior Associate Matthew Wentworth-May, Employment Senior Associate Rachel Lamb, Commercial Partner Ross McKean and Commercial Associates Matt Pollins and Nikki Pantges.
http://www.olswang.com/news/2013/05/olswang-helps-careerbuilder-to-acqu…