TalentTech, a subsidiary of Russian investment company Severgroup, has recently announced the acquisition of freelance recruitment site Fl.ru after completing a purchase of 97.5% of the company.
No financial details of the transaction were disclosed. However, Alexei Soloviev, a partner at iTech Capital told RusLetter that the purchase price could be in the range of RUB 500 to RUB 700 million (USD 7.8 million to 11.0 million.)
TalentTech runs a number of recruitment technology platforms in online learning, online staffing, and applicant tracking systems as well as the JungleJobs job board.
"FL.ru is a strategic asset for TalentTech, since our main task is the creation of a single service that will unite three areas: HR and Tech, EdTech and Freelance, self-employment,” TalentTech said.
Read more here.
Join us in Madrid from the 13th to the 16th of November for the Property Portal Watch Conference.