CareerBuilder refocuses on bolstering talent acquisition following new key partnership

CareerBuilder recently announced it is increasing its focus on its core Talent Acquisition platform and driving innovation in the HR tech industry. In support of the strategy, Accurate Background (Accurate), a leading background screening provider, has signed a definitive agreement to acquire CareerBuilder Employment Screening (CBES).

Through a strategic partnership agreement, CareerBuilder will continue to offer background screening solutions as part of their Hello to Hire model to clients while shifting investment efforts toward innovations in talent discovery and acquisition. The transaction is expected to close at the end of the first quarter of 2020.

CBES has experienced significant sales growth since originally being acquired by CareerBuilder in 2016. The next phase of growth for the employment screening business requires additional scale and focus outside CareerBuilder's core talent acquisition offering. Accurate is well-suited to lead the evolution given their focus on continuous improvement and commitment to a positive candidate and client experience in this space. CBES clients will benefit from having access to leading technology and the continued ability to utilize it as part of CareerBuilder's unified, multi-channel Talent Acquisition platform.

"In this highly competitive job market, we continue to see our clients struggle with talent discovery and acquisition," commented Irina Novoselsky, CareerBuilder CEO. "We feel Accurate is the right partner to continue growing and advancing CBES. The strategic partnership allows us to increase our focus on driving innovation in our core business of talent discovery and acquisition while also continuing growth within our software & services offerings in the US and abroad. Throughout our 25-year history, our clients have relied on us to meet the demands of today and deliver solutions that will meet their challenges of tomorrow. I'm proud of the investments we have made and am excited for how we will continue to deliver success for job seekers and employers looking to hire."

"CBES' success and core values mirror that of Accurate's. Combining the two companies positions us to reach more markets, accelerate the pace of our growth and bolster our innovation engine which has been a hallmark of Accurate since our inception," said Dave Dickerson, Accurate Background Founder and CEO. "We are excited about the benefits this acquisition brings to existing and future CBES clients as well as existing Accurate clients and look forward to strengthening our pre- and post-employment screening leadership."

CareerBuilder will continue to expand its brand as the HR tech provider of choice in the Talent Acquisition industry by helping employers reach and hire candidates quickly.

SOURCE CareerBuilder