Webcruiter AS
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Webcruiter AS - overview
Established
2003
Location
Oslo, -, Norway
Primary Industry
Software
About
Webcruiter AS provides a comprehensive recruitment solution tailored for organizations in the Nordic region, specializing in enhancing the recruitment process through advanced technology and professional consulting services. Founded in 2003 and headquartered in Oslo, Norway, Webcruiter AS offers a recruitment platform that streamlines hiring for various organizations. The company was acquired by Verdane Capital Advisors in December 2018, which marked a strategic pivot for growth. Webcruiter does not have any known subsidiaries or parent companies.
Webcruiter by Talentech delivers an advanced modular recruitment system that has maintained a strong position in the Norwegian market for over 15 years, particularly serving public sector organizations. The system simplifies recruitment processes through features including GDPR-compliant candidate data management, automated screening, and interview scheduling. It supports blind recruitment practices to eliminate biases and integrates with multiple testing providers, enhancing candidate assessment with video interviewing options. Webcruiter caters to a wide range of clients, including public and private sector organizations across Norway, Sweden, Denmark, and Finland.
In 2023, Webcruiter AS reported a revenue of USD 14. 88 mn, with an EBITDA of USD 2. 53 mn. The company operates on a subscription-based revenue model, providing tailored recruitment solutions that may include various modular components to meet the specific needs of its clients.
Looking ahead, Webcruiter AS plans to expand its product offerings, with enhancements targeting more comprehensive recruitment functionalities scheduled for release within the next year. Additionally, the company aims to penetrate new markets in the broader Nordic region, focusing on strategic growth in Denmark and Finland by 2025. The funding from the majority stake acquisition by Verdane Capital Advisors in December 2018 will support these initiatives, ensuring Webcruiter can innovate and scale its operations effectively.
Current Investors
HR Manager Talent Solutions International / Webcruiter AS
Primary Industry
Software
Sub Industries
Recruitment/Executive Search, HR & Workforce Software
Website
www.webcruiter.com
Verticals
Cloud Computing
Company Stage
Merged
Total Amount Raised
Subscriber access only
Webcruiter AS - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Merger | Completed | HR Manager Talent Solutions International, Webcruiter AS | - | ||||||||
| Buyout | Completed | Webcruiter AS | - |
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