CONTRACTS: 6-10 AUGUST 2018

This week’s contracts include: Bright Network, Crelate, ManpowerGroup, National Locums, Oracle, Sopra Steria Recruitment, Spark Hire

Bright Network, a media technology platform that helps employers to reach, find and recruit high-calibre students and young professionals, has closed an investment round of £2.5m led by private equity and alternative asset manager Maven Capital Partners.

Maven was joined by existing and new angel shareholders to support Bright Network’s development. Funding will support further growth of the business by investing in sales and marketing for its existing Enterprise platform and also launch a new SaaS service for the SME and high growth start-up market.

• Recruitment giant ManpowerGroup’s board of directors has authorised a new share repurchase programme under which the group may repurchase up to 6m shares of its common stock.

This new repurchase programme is in addition to the share repurchase programme authorised in July 2016, of which roughly 1.8m shares remained available for repurchase as of 30 June 2018.

Purchases under the new programme may be made from time to time through open market purchases, block transactions, privately negotiated transactions or other facilities.

• Medical recruitment agency National Locums won a place on the NHS National Services Scotland Framework (preferred supplier) award, meaning it is authorised to provide nurses to all 14 of Scotland's territorial health boards, covering hospitals ranging from the big cities to the Highlands and islands.

The agency is already on nursing framework agreements for England, Wales and Northern Ireland.

• Ofqual (Office of Qualifications and Examinations Regulation) has chosen to implement software provider Oracle’s cloud finance, human capital management, recruitment and onboarding solutions. Ofqual selected Oracle platinum partner Inoapps from government’s G-Cloud procurement framework. 

• Recruitment and management service provider Sopra Steria Recruitment has recently been awarded a place on the Eastern Shires Purchasing Organisation’s (ESPO) framework to provide strategic HR services to local authorities in the region.

Under the framework agreement, the firm will provide talent and services across six lots. It has successfully bid to supply commercial contractors, IT contractors, permanent commercial professionals and permanent IT professionals through ESPO. It will also provide assessment and testing services and statutory employment checks through the framework.

• Video interview platform Spark Hire has launched an integration with Crelate, an all-in-one recruiting customer relationship manager and applicant tracking system for staffing and recruiting agencies. Through the Crelate integration, mutual customers can:

  • Invite candidates to record video responses to custom interview questions
  • Review interview requests and submissions
  • Share candidate video interviews with internal staff and clients

FINANCIALS: TrueBlue sees increase in revenue

US blue-collar recruiter TrueBlue has seen revenue increase 3% year-on-year, according to Q3 2018 results.

Financials 6 November 2018

FINANCIALS: Revenue rises at Hudson Global thanks to APAC growth

Global talent solutions company Hudson Global has seen revenue increase 7.7% year-on-year led by strong growth in Asia-Pacific.

Financials 2 November 2018

FINANCIALS: Cross Country Healthcare sees fall in revenue

US-based Cross Country Healthcare has seen revenue drop 12% year-on-year, according to results for the quarter to 30 September 2018.

Financials 2 November 2018

CONTRACTS: 29 OCTOBER – 2 NOVEMBER 2018

This week’s contracts include: Cielo, ERSG, La Fosse Associates, NGA Human Resources, Safeway Contractors, SmartRecruiters, VONQ

Contracts 29 October 2018
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