{"id":404417,"date":"2020-12-22T08:18:24","date_gmt":"2020-12-22T13:18:24","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=404417"},"modified":"2020-12-22T08:18:24","modified_gmt":"2020-12-22T13:18:24","slug":"recruiter-com-to-acquire-onewire-a-leading-financial-services-hiring-platform","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/recruiter-com-to-acquire-onewire-a-leading-financial-services-hiring-platform\/","title":{"rendered":"Recruiter.com to Acquire OneWire, a Leading Financial Services Hiring Platform"},"content":{"rendered":"<h2>\nAcquisition further extends Recruiter.com\u2019s reach across the global financial services industry<br \/>\n<\/h2>\n<div class=\"mw_release\">\n<p align=\"left\">HOUSTON, Dec.  22, 2020  (GLOBE NEWSWIRE) &#8212; Recruiter.com Group, Inc. (OTCQB: RCRT), an AI- and video-enabled <a href=\"https:\/\/www.recruiter.com\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><u>hiring platform<\/u><\/a> with the world&#8217;s largest network of recruiters, is pleased to announce that it has entered into a binding letter of intent to acquire OneWire, a leading SaaS-based recruiting and software platform focused on the financial services sector. The acquisition will include the <a href=\"http:\/\/www.onewire.com\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><u>OneWire SaaS platform<\/u><\/a> (<a href=\"http:\/\/www.onewire.com\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><u>www.onewire.com<\/u><\/a>), <a href=\"http:\/\/www.matchbook.io\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><u>Matchbook software<\/u><\/a> (<a href=\"http:\/\/www.matchbook.io\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><u>www.matchbook.io<\/u><\/a>), and OneWire\u2019s executive search business.<\/p>\n<p>&#8220;Recruiter.com&#8217;s mission is to become the most collaborative and connective platform for hiring talent,&#8221; said Evan Sohn, CEO of Recruiter.com. &#8220;Recruiter.com&#8217;s acquisition of OneWire adds an innovative, subscription-based talent-matching platform; an incredible array of financial, banking, and accounting clients; and a community of industry professionals. We are extremely excited to combine our companies and look forward to driving tremendous growth together in 2021.&#8221;<\/p>\n<p>Since 2008, OneWire has delivered recruiting excellence to global financial companies, including investment banks, hedge funds, private equity, venture capital, and corporate firms, while accumulating a highly skilled and niche candidate database of over 700,000 financial services industry professionals. Recruiter.com also welcomes Eric Stutzke, CEO of OneWire, to the Recruiter.com management team. Eric\u2019s background includes deep industry and public company experience; he previously handled external financial reporting and investor relations for Monster Worldwide.<\/p>\n<p>\u201cWe\u2019re excited to combine forces with Recruiter.com and extend their comprehensive suite of hiring solutions to our clients in the financial services industry,\u201d said Eric Stutzke, CEO of OneWire. \u201cOneWire will be in an excellent position to leverage the reach and distribution of the Recruiter.com platform, driving significant leads and incremental revenue across our product and service offerings. Our customers will continue to receive incredible client service and can further capitalize on video screening and AI-enabled sourcing software via Recruiter.com.\u201d<\/p>\n<p>Recruiter.com, with over 410,000 members in its CFO Network and executive finance group on LinkedIn, will immediately expand the reach of OneWire&#8217;s SaaS platform for financial industry hiring. The companies plan to integrate their assets to deliver unified, subscription-based human capital solutions, from junior and intern-level personnel to management and executive-level talent.<\/p>\n<p>The binding letter of intent obligates the parties to work cooperatively to negotiate, execute, and deliver a definitive asset purchase agreement governing the transaction by January 31, 2021. The purchase price shall be in restricted common stock of Recruiter.com. The acquisition is subject to due diligence and final approval by the board of Recruiter.com Group, Inc.<\/p>\n<p>\n        <strong>Recruiter.com Group, Inc.<\/strong><br \/>\n        <br \/>\n        <u>Recruiter.com<\/u> is disrupting the $120 billion recruiting and staffing industry by combining an AI and Video hiring platform with the world&#8217;s largest network of over 27,500 small and independent recruiters. Businesses of all sizes recruit talent faster using the <u>Recruiter.com<\/u> platform, which is powered by virtual teams of on-demand recruiters and video and AI job-matching technology. Visit <a href=\"https:\/\/www.recruiter.com\/\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><u>https:\/\/www.recruiter.com<\/u><\/a>.<\/p>\n<p>For investor information, visit\u00a0<a href=\"https:\/\/www.recruiter.com\/investors.html\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><u>https:\/\/www.recruiter.com\/investors.html<\/u><\/a>.<\/p>\n<p>Please follow social media channels for additional updates:<\/p>\n<ul type=\"disc\">\n<li>LinkedIn Recruiter Network Group:\u00a0<a href=\"https:\/\/www.linkedin.com\/groups\/42370\/\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><u>https:\/\/www.linkedin.com\/groups\/42370\/<\/u><\/a><\/li>\n<li>LinkedIn Company Page:\u00a0<a href=\"https:\/\/www.linkedin.com\/company\/1240434\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><u>https:\/\/www.linkedin.com\/company\/1240434<\/u><\/a><\/li>\n<li>Twitter Company Page:\u00a0<a href=\"https:\/\/twitter.com\/recruiterdotcom\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><u>https:\/\/twitter.com\/recruiterdotcom<\/u><\/a><\/li>\n<li>Facebook Company Page:\u00a0<a href=\"https:\/\/www.facebook.com\/RecruiterDotCom\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><u>https:\/\/www.facebook.com\/RecruiterDotCom<\/u><\/a><\/li>\n<\/ul>\n<p>\n        <strong>OneWire<br \/><\/strong>OneWire is a SaaS-based recruiting platform that hosts the largest community of professionals in the financial services industry. Candidates can confidentially search and apply to jobs, while employers can advertise open opportunities or search directly from our candidate database. Through the Company\u2019s Matchbook product, candidates are pre-screened in advance and showcased in a talent marketplace where employers can directly send interview requests and pay on success. The Company also offers tech-enabled executive search services that are customized for each firm.<\/p>\n<p>\n        <strong>Company Contact:<\/strong><br \/>\n        <br \/>Evan Sohn, CEO<br \/>Recruiter.com Group, Inc.<br \/>Phone: (855) 931-1500<\/p>\n<p>\n        <strong>Investor Relations:<\/strong><br \/>\n        <br \/>Dave Gentry<br \/>RedChip Companies, Inc.<br \/>Phone: (407) 491-4498<br \/><u><a href=\"mailto:dave@redchip.com\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">dave@redchip.com<\/a><\/u><\/p>\n<p>\n        <strong>Cautionary Note Regarding Forward-Looking Statements:<\/strong>\n      <\/p>\n<p>This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The words &#8220;forecasts,&#8221; &#8220;forecasting,&#8221; &#8220;believe,&#8221; &#8220;may,&#8221; &#8220;estimate,&#8221; &#8220;continue,&#8221; &#8220;anticipate,&#8221; &#8220;intend,&#8221; &#8220;should,&#8221; &#8220;plan,&#8221; &#8220;could,&#8221; &#8220;target,&#8221; &#8220;potential,&#8221; &#8220;is likely,&#8221; &#8220;will,&#8221; &#8220;expect&#8221; and similar expressions, as they relate to us, are intended to identify forward-looking statements. We have based these forward-looking statements primarily on our current expectations and projections about future events and financial trends that we believe may affect our financial condition, results of operations, business strategy, and financial needs. Important factors that could cause actual results to differ from those in the forward-looking statements include continued demand for professional hiring, the accuracy of the Recruiter Index\u00ae survey, the impact of the COVID-19 pandemic on the job market and the economy as virus levels are again rising in many states, and the Risk Factors contained within our filings with the Securities and Exchange Commission, including our Annual Report on Form 10-K for the year ended December 31, 2019. Any forward-looking statement made by us herein speaks only as of the date on which it is made. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. We undertake no obligation to publicly update any forward-looking statements, whether as a result of new information, future developments or otherwise, except as may be required by law.<\/p>\n<p>      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODExNjE4NCMzODkyMTk1IzIwODUyMTI=\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/b74a5793-d267-4dae-86b1-e11e92e46c8b\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Acquisition further extends Recruiter.com\u2019s reach across the global financial services industry HOUSTON, Dec. 22, 2020 (GLOBE NEWSWIRE) &#8212; Recruiter.com Group, Inc. (OTCQB: RCRT), an AI- and video-enabled hiring platform with the world&#8217;s largest network of recruiters, is pleased to announce that it has entered into a binding letter of intent to acquire OneWire, a leading SaaS-based recruiting and software platform focused on the financial services sector. The acquisition will include the OneWire SaaS platform (www.onewire.com), Matchbook software (www.matchbook.io), and OneWire\u2019s executive search business. &#8220;Recruiter.com&#8217;s mission is to become the most collaborative and connective platform for hiring talent,&#8221; said Evan Sohn, CEO of Recruiter.com. &#8220;Recruiter.com&#8217;s acquisition of OneWire adds an innovative, subscription-based talent-matching platform; an incredible array of financial, banking, and &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/recruiter-com-to-acquire-onewire-a-leading-financial-services-hiring-platform\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Recruiter.com to Acquire OneWire, a Leading Financial Services Hiring Platform&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-404417","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Recruiter.com to Acquire OneWire, a Leading Financial Services Hiring Platform - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/recruiter-com-to-acquire-onewire-a-leading-financial-services-hiring-platform\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Recruiter.com to Acquire OneWire, a Leading Financial Services Hiring Platform - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Acquisition further extends Recruiter.com\u2019s reach across the global financial services industry HOUSTON, Dec. 22, 2020 (GLOBE NEWSWIRE) &#8212; Recruiter.com Group, Inc. (OTCQB: RCRT), an AI- and video-enabled hiring platform with the world&#8217;s largest network of recruiters, is pleased to announce that it has entered into a binding letter of intent to acquire OneWire, a leading SaaS-based recruiting and software platform focused on the financial services sector. The acquisition will include the OneWire SaaS platform (www.onewire.com), Matchbook software (www.matchbook.io), and OneWire\u2019s executive search business. &#8220;Recruiter.com&#8217;s mission is to become the most collaborative and connective platform for hiring talent,&#8221; said Evan Sohn, CEO of Recruiter.com. &#8220;Recruiter.com&#8217;s acquisition of OneWire adds an innovative, subscription-based talent-matching platform; an incredible array of financial, banking, and &hellip; Continue reading &quot;Recruiter.com to Acquire OneWire, a Leading Financial Services Hiring Platform&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/recruiter-com-to-acquire-onewire-a-leading-financial-services-hiring-platform\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2020-12-22T13:18:24+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODExNjE4NCMzODkyMTk1IzIwODUyMTI=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/recruiter-com-to-acquire-onewire-a-leading-financial-services-hiring-platform\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/recruiter-com-to-acquire-onewire-a-leading-financial-services-hiring-platform\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Recruiter.com to Acquire OneWire, a Leading Financial Services Hiring Platform\",\"datePublished\":\"2020-12-22T13:18:24+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/recruiter-com-to-acquire-onewire-a-leading-financial-services-hiring-platform\\\/\"},\"wordCount\":890,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/recruiter-com-to-acquire-onewire-a-leading-financial-services-hiring-platform\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODExNjE4NCMzODkyMTk1IzIwODUyMTI=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/recruiter-com-to-acquire-onewire-a-leading-financial-services-hiring-platform\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/recruiter-com-to-acquire-onewire-a-leading-financial-services-hiring-platform\\\/\",\"name\":\"Recruiter.com to Acquire OneWire, a Leading Financial Services Hiring Platform - 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(OTCQB: RCRT), an AI- and video-enabled hiring platform with the world&#8217;s largest network of recruiters, is pleased to announce that it has entered into a binding letter of intent to acquire OneWire, a leading SaaS-based recruiting and software platform focused on the financial services sector. The acquisition will include the OneWire SaaS platform (www.onewire.com), Matchbook software (www.matchbook.io), and OneWire\u2019s executive search business. &#8220;Recruiter.com&#8217;s mission is to become the most collaborative and connective platform for hiring talent,&#8221; said Evan Sohn, CEO of Recruiter.com. &#8220;Recruiter.com&#8217;s acquisition of OneWire adds an innovative, subscription-based talent-matching platform; an incredible array of financial, banking, and &hellip; Continue reading \"Recruiter.com to Acquire OneWire, a Leading Financial Services Hiring Platform\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/recruiter-com-to-acquire-onewire-a-leading-financial-services-hiring-platform\/","og_site_name":"Market Newsdesk","article_published_time":"2020-12-22T13:18:24+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODExNjE4NCMzODkyMTk1IzIwODUyMTI=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/recruiter-com-to-acquire-onewire-a-leading-financial-services-hiring-platform\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/recruiter-com-to-acquire-onewire-a-leading-financial-services-hiring-platform\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Recruiter.com to Acquire OneWire, a Leading Financial Services Hiring Platform","datePublished":"2020-12-22T13:18:24+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/recruiter-com-to-acquire-onewire-a-leading-financial-services-hiring-platform\/"},"wordCount":890,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/recruiter-com-to-acquire-onewire-a-leading-financial-services-hiring-platform\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODExNjE4NCMzODkyMTk1IzIwODUyMTI=","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/recruiter-com-to-acquire-onewire-a-leading-financial-services-hiring-platform\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/recruiter-com-to-acquire-onewire-a-leading-financial-services-hiring-platform\/","name":"Recruiter.com to Acquire OneWire, a Leading Financial Services Hiring Platform - 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