Purchase of eFinancialCareers.com and jobsinthemoney.com Career Sites
Provides Dice with Leading Global Position in Finance, Accounting and
Capital Markets Online Recruiting
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.
SOURCE Dice Holdings, Inc.
 back to top
Related links:
http://about.dice.com
http://www.Jobsinthemoney.com
http://www.eFinancialCareers.com
http://www.generalatlantic.com
http://www.quadranglegroup.com
CONTACT:
Jennifer McCullam, Financial Dynamics,
+1-212-850-5600, jennifer.mccullam@fd.com
|
