Genomawork Acquired by RedArbor in Strategic Expansion
Deal News | Mar 19, 2025 | Aim Group
Spain-based RedArbor, a prominent job board operator with a focus on Latin America, has acquired Genomawork, a Chilean candidate-assessment company, for an undisclosed amount. Genomawork, founded in 2018, is renowned for its innovative gamification-based model designed to assess job candidates. This acquisition strengthens RedArbor's strategic position in the candidate assessment space, complementing its job board operations with advanced technology for evaluating job applicants. This deal reflects RedArbor’s ongoing efforts to enhance its service offerings and create a more robust connectivity in the recruitment marketplace across Latin America.
Sectors
- Human Resources
- Technology
Geography
- Spain – RedArbor, the acquiring company, is based in Spain.
- Chile – Genomawork, the target of acquisition, is a company based in Chile.
- Latin America – RedArbor focuses primarily on the Latin American job market, and this acquisition is aligned with its regional strategy.
Industry
- Human Resources – The acquisition involves a candidate-assessment company and a job board operator, both integral parts of the HR industry focused on recruitment solutions.
- Technology – Genomawork provides an innovative, gamification-based model for candidate assessment, showcasing a significant use of technology in recruitment processes.
Financials
- Undisclosed – The purchase price for Genomawork was not disclosed.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| RedArbor | Acquiring Company | Company | A job board operator focused on the Latin American market, seeking to expand its capabilities in candidate assessment. |
| Genomawork | Target Company | Company | A Chile-based candidate-assessment company known for its gamification-based assessment model. |