HeadHunter Consolidates Ownership in HRTech Startups
Deal News | Jan 22, 2025 | Aim Group
HeadHunter, a leading Russia-based job board, has solidified its position in the HRTech space by taking control of the Edstein HRtech startup. This strategic move is achieved through its developer platform, Skillaz, which is focused on automating HR management processes. The recent acquisition reinforces HeadHunter’s commitment to expanding its capabilities in the technology-driven HR sector, creating a consolidated framework to offer enhanced solutions in recruitment and human resource management. While the precise financial details of the acquisition remain undisclosed, the move signifies a consolidative strategy that may have broader implications for the HRTech market in Russia. By integrating Edstein's assets, HeadHunter aims to bolster its service offerings and drive innovation within HR technology solutions, potentially enabling more streamlined and efficient HR operations for their clients.
Sectors
- HR Technology
- Technology
Geography
- Russia – The primary geographical focus of HeadHunter and the location where its business operations, including this acquisition, are situated.
Industry
- HR Technology – The industry focused on technological solutions for human resource management, including recruiting, employee management, and HR process automation.
- Technology – Represents the broader industry encompassing companies developing or using new technological solutions, relevant here as HeadHunter employs tech-based strategies.
Financials
- Not disclosed – The financial terms of the acquisition deal between HeadHunter and Edstein have not been disclosed.
Participants
Name | Role | Type | Description |
---|---|---|---|
HeadHunter | Acquirer | Company | A leading online job board based in Russia, primarily focusing on recruitment services. |
Skillaz | Platform Developer | Company | An HR management automation platform owned by HeadHunter, pivotal in the acquisition of Edstein. |
Edstein | Acquired | Company | An HRTech startup that has been acquired by HeadHunter through Skillaz. |