The Rec Hub Expands with Immersive Acquisition
Deal News | Feb 13, 2025 | Aim Group
U.K.-based talent acquisition firm The Rec Hub has announced the acquisition of Immersive, an Estonian company, as detailed in a press release. The Rec Hub, led by founder and CEO Harry Bigwood since its inception in 2018, specializes in helping companies enhance their team development strategies. The acquisition of Immersive is a strategic move intended to bolster The Rec Hub's capabilities in managing evolving business teams, suggesting a focus on broadening its market presence and service offerings in international regions by incorporating Immersive's expertise.
Sectors
- Talent Acquisition
- Human Resources
Geography
- United Kingdom – The Rec Hub is based in the United Kingdom, marking it as a significant geography for this acquisition transaction.
- Estonia – Immersive is based in Estonia, indicating its role in this international acquisition.
Industry
- Talent Acquisition – This industry involves companies specializing in recruitment services and talent management solutions, focusing on optimizing the hiring process for businesses. The Rec Hub and Immersive operate within this domain.
- Human Resources – The broader category of managing personnel within organizations, HR encompasses talent acquisition as a key facet. This acquisition highlights The Rec Hub's strategy in the HR sector.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| The Rec Hub | Acquirer | Company | A talent acquisition provider based in the U.K., founded in 2018 by Harry Bigwood. |
| Immersive | Target Company | Company | An Estonia-based company acquired by The Rec Hub, likely specializing in complementary talent acquisition services. |
| Harry Bigwood | CEO of The Rec Hub | Person | Founder of The Rec Hub, leading its strategic growth through acquisitions. |