CareerBuilder Buys Broadbean to Offer Faster, More Cost-effective Talent Acquisition
CareerBuilder has announced the acquisition of Broadbean, a leading job distribution, candidate sourcing, and big data analytics company. The purchase enables CareerBuilder to bring new recruitment technologies to global markets. With a presence in over 60 global markets, CareerBuilder specializes in talent management software and deep labor market intelligence while operating the largest online job board in the United States. Broadbean posts jobs on more than 6,000 job boards and social networks in 183 countries, with a user pool in excess of 60,000. Like CareerBuilder, Broadbean offers analytics around candidate sourcing and hires and distributes more than two million jobs generating at least 10 million job applications per month.
“CareerBuilder is excited to expand our portfolio and continue the rapid growth of our global HR SaaS operation,” said Matt Ferguson, CEO of CareerBuilder. “With the addition of Broadbean, we are the unparalleled leader in unifying the recruiter experience in one pre-hire platform. Clients will benefit from broader job distribution and one simple workflow to manage all external and internal sources for candidates. Broadbean’s robust technologies complement our product offerings as we deliver a more intuitive, data-driven talent acquisition experience for our clients.”
“CareerBuilder is an industry giant and shares Broadbean’s passion for developing innovative SaaS products that raise the bar for recruitment,” said Kelly Robinson, CEO of Broadbean. “Leveraging our combined assets, we can deliver recruitment insights and services that employers have not seen before.”
“Being acquired by CareerBuilder gives Broadbean a wider global footprint for our platform and new possibilities for our product sets,” said Dan Martin, Managing Director of Broadbean Europe, Middle East and Africa (EMEA). “Working together, we have a fantastic opportunity to redefine what it means to have a competitive edge in recruitment.”