Over 180 Technology M&A Transactions since 1998
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Charlotte, NC; April 6, 2011 — DecisionPoint International, a leader in M&A advisory services for middle-market technology companies, announced today that its client TweetMyJOBS, the premier social recruiting platform on Twitter, has been acquired by CareerArc Group, a leader in next generation of social recruiting for job seekers. Terms of the transaction were not disclosed.
The purchase will enable CareerArc Group to further its mission of becoming the total social recruiting solution for 21st century job seekers and recruiters through TweetMyJOBS’ extensive reach into the Twitter platform.
“TweetMyJOBS is the perfect add for CareerArc’s formation of the next generation of social recruiting solutions,” said Doug Ellis, Managing Partner at DecisionPoint.
Based in Charlotte, North Carolina, TweetMyJOBS is led by Founder and President Gary Zukowski. TweetMyJOBS has a record number of vertical job channels segmented by geography, job type and industry giving the service an unequaled ability to instantaneously connect employers and recruiters with targeted job candidates. Numerous Fortune 500 companies currently use TweetMyJOBS to fulfill their recruiting mission on the social network.
“Building TweetMyJOBS from the ground up has been an exciting venture and we are thrilled to continue growing with the support of the team at CareerArc Group,” said Zukowski.
“We are proud to welcome the team at TweetMyJOBS to the CareerArc Group family,” said Robin D. Richards, Chairman and CEO of CareerArc Group. “Together, we will leverage each other’s strengths, reinforce our already aligned core values and establish an unparalleled reach into the social network.”
About TweetMyJOBS
Founded in 2009, TweetMyJOBS has quickly become the largest Twitter job board in the world. With 10,053 vertical job channels segmented by geography, job type, and industry, TweetMyJOBS is able to connect employers and recruiters with targeted job candidates instantly any time a new job is posted to our service. Using SMARTTweet program, TweetMyJOBS enables companies to reach targeted job seekers AND the millions of Twitter users across the world. The goal is to help organizations use social media effectively to dramatically reduce recruiting costs while engaging with qualified and interested job seekers. For more information, visit www.tweetmyjobs.com.
About CareerArc Group
CareerArc Group serves as the next generation of social recruiting solutions for job seekers, college students, employers and higher education institutions. With a fundamental shift in the way people find and consume content, businesses have an enormous opportunity to stay more connected with job seekers and generate powerful word of mouth about their brand. CareerArc Group provides powerful applications to make this possible as well as online job, internship and content solutions to aid job seekers and career professionals to strengthen their skills. For more information, visit www.careerarcgroup.com.
About DecisionPoint
DecisionPoint is a global leader in M&A advisory services for middle-market technology companies in the services, software, and communication sectors. For additional information on DecisionPoint, visit www.DecisionPointINT.com.
For further information, contact: Doug Ellis, Managing Partner; (704) 248-1122; DEllis@DecisionPointINT.com.