Careerminds, a Wilmington, DE-based provider of outplacement services, acquired Premier Virtual, a Lake Worth, FL-based provider of a virtual recruitment software-as-a-service (SaaS) platform.
The amount of the deal was not disclosed.
With the acquisition, Careerminds will expand its outplacement capabilities through a virtual-recruitment platform that fosters a personal connection between job seekers and employers.
Led by CEO Steven Edwards, Premier Virtual is a multifunctional software-as-a-service (SaaS) platform designed to combine technology and human interaction. To date, the platform has empowered over 7,000 virtual hiring events, which has helped more than 70,000 companies connect with over one million job seekers.
Founded in 2008 by Raymond Lee, President, Careerminds is a provider of global outplacement services which combine AI job search technology with personalized, one-on-one career coaching for all job levels across any geographic location around the world.
Its newly acquired asset provides competitive advantages such as enhanced user analytics, as well as the interactive ability to chat one-on-one or launch a video interview, directly through the platform. Catering to virtual job fairs and hybrid events, the virtual-recruitment platform’s analytics offer key insights into user behavior which then can be exported to clients’ CRM and applicant tracking systems (ATS), streamlining the hiring process and eliminating the friction of converting data into a new system.
FinSMEs
26/08/2023