Recruiter.com Scoops Up Uncubed's Technology Solutions Business For Undisclosed Sum

  • Recruiter.com Group, Inc RCRT has acquired the Technology Solutions Division of Uncubed, a recruiting technology company for undisclosed financial terms.
  • The transaction was successfully closed on July 7, 202. Recruiter.com paid for the acquisition with restricted common stock, cash, and a promissory note.
  • The acquisition includes Uncubed's Finalist, an online marketplace for sourcing and screening diverse early-professional software and data candidates.
  • Additionally, Recruiter.com would add Uncubed's job board technology and candidate engagement platform, which includes Mediabistro.
  • The company believes the acquisition will be a tremendous growth driver to expand their on-demand recruiting solutions.
  • Price Action: RCRT shares trading higher by 1.57% at $5.18 on the last check Monday.
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