Technology recruiter Red Commerce has been sold by Inflexion Private Equity to Dunedin Capital Partners in a secondary buy-out.
The Daily Telegraph reports that Red Commerce chief executive Richard Vercesi headed the £44m (€49m) management buy-out and said that the recruitment company is now planning to grow across BRIC [Brazil, Russia, India and China] countries.
There are clear indications that permanent IT vacancies are being converted into contract roles, according to Sid Barnes, executive director, Computer People.
The findings have emerged from the IT recruiter’s June ‘Monitor’ of the sector.
Multi-posting and applicant tracking provider LogicMelon has launched hosted CV database platform MyCVDatabase.
Global career site Monster Worldwide has seen revenues rise, according to financial results for the second quarter and six months ended June 30, 2011.
The group’s results reveal bookings of $262m (£159.5m), up 26% year-on-year with revenue of $270m, an increase of 25% year-on-year.
The Employers Forums on Age and Belief (EFA and EFB) is to relaunch as the Employers Network for Equality and Inclusion (enei) this October.
Formed out of two existing and well-respected Forums, the enei will run as a charity and cover all nine protected characteristics in The Equality Act 2010 and will aim to lead the workplace and inclusion agenda.
Hotel chain Travelodge is to create around 500 jobs through a National Park expansion.
The £135m programme for 37 hotels is in response to high customer demand for hotels near to the UK’s top rural locations.
Martin: start at the beginning
Mobile consumers’ expectations are not being met, according to a survey published by technology performance company Compuware Corporation.
Leading accountancy and finance recruiter RK Accountancy has today appointed ex-Badenoch & Clark managing director, Lynne Hardman.
Commercial and industrial recruiter Blue Arrow has launched a live web chat, Career Surgery, to improve its engagement with clients and candidates.
Career Surgery, which will be open every Friday between 3-5pm, aims to provide two-way communication and give website visitors fast answers to their questions.
Global executive search firm, HB International, has acquired specialist recruiter Ingram Mayet.
The newly formed joint venture will be branded HB Ingram Mayet.
Over seven years Ingram Mayet has focused on delivering quality candidates to the middle office in the financial services sector, and more recently for developing a front office sales and trading recruitment team.