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Dice Holdings acquires OilCareers.com


 

Dice Holdings,announced today it has acquired OilCareers.com, the leading recruitment site for oil and gas professionals in Europe.

Dice is a leading provider of specialized websites for professional communities, including technology and engineering, financial services, energy, healthcare, hospitality and security clearance.

It is a cash deal worth around $26m (£15.7m).

The acquisition strengthens the Company’s position in online energy recruiting, which it currently serves through Rigzone, the market leader in the oil and gas industry delivering content, data, advertising and career services.

“The growth prospects are very promising for our energy vertical and the addition of OilCareers will help us capitalize faster on that opportunity,” said Michael Durney, President and CEO, Dice Holdings, Inc.  “Our energy vertical has grown to more than double its size from our acquisition of the businesses three years ago.  This acquisition is an opportunity to move forward in Europe.  OilCareers is a good strategic fit and provides critical mass for both brands to leverage.”

Read More:

http://www.prnewswire.com/news-releases/dice-holdings-inc-acquires-oilcareers-250958361.html

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