DMGT disposes of Jobrapido and Broadbean

evenbaseEvenbase, dmg media's digital recruitment business, has 
disposed of its job distribution software business, 
Broadbean,to CareerBuilder and its job search engine, 
Jobrapido,to Symphony Technology Group. These disposals 
follow the disposal of the specialist recruitment job 
board OilCareerto Dice Holdings,Inc. in March 2014.

Kevin Beatty, CEO of dmg media, said: "CareerBuilder is a premiere HR Software as a Service (SaaS) provider, specialising in talent management software and deep labour market intelligence. Broadbean's SaaS offering for job distribution, candidate sourcing and big data analytics is a natural complement. Jobrapido extends Symphony Technology Group's existing position in the online recruitment market and Jobrapido will benefit from Symphony's planned investment in its next wave of growth."

During the year to 30 September 2013 the total revenues from the three businesses, 
Jobrapido, Broadbean and OilCareers, were £47 million and total operating profits were £6 million.

For a report on the disposal read Recruiter