With the agreement, of undisclosed value, HRTech brazuca will be the branch of the North American startup in Brazil
GeekHunter, a startup from Catania that offers solutions for the recruitment of technology professionals, has been acquired by the North American HRTech HIand will become a subsidiary of the US company in the Brazilian market.
The purchase, for an undisclosed amount, arrives a few months later HI raise its $18 million Series A, led by Obvious businesses. According to the companies, the brands and executive teams will remain separate, as will the leadership GeekHunter will remain in the hands of co-founders Tomás and Celso Ferrari.
With the merger, the goal of the two companies is to achieve an annual turnover of R$ 175 million in Brazil by the end of next year. “Through this strategic move, we have significantly expanded our international talent base for Brazilian clients, driving innovation and growth in the technology sector,” emphasizes the CEO of GeekHunterTomás Ferrari, in a note.
As a branch of HI in Brazilian territory, the GeekHunter now it adds to the other operations that the North American HRTech already has in Latin America: it has offices in Montevideo, Buenos Aires, Bogotá, Medellín, Córdoba and Santiago. Furthermore GeekHunter brings with it a considerable customer base, with 13,000 companies served and 400,000 registered professionals. In 2022, it reached BRL 14 million in revenue.
As evidenced by GeekHunter on its website, the contact with the howdy. com it was made possible by a common investor, who immediately recognized the synergy between the companies’ missions and challenges. “From an exchange of visions to a strategic collaboration, the union has materialized. With similar values, culture and goals, the GeekHunter and the howdy. com they have seen their travels reflected in shared challenges and ambitions,” the Brazilian company said in a statement.
The wallets of GeekHunter and the howdy.com cover over 100 engineering, product, design and data skills, including AI development, Android, Angular, data engineering, DevOps, GoLang, Java, Kotlin, Node.js, Python, Ruby on Rails, Product Manager, UX /UI, among others.
Latin America has some of the most technically competent software engineers in the world,” says Jacqueline Samira, CEO and co-founder of howdy.comin a note.. “The acquisition of GeekHunter It is a crucial step in driving the growth of the technology business in the Americas, creating more opportunities for both companies and candidates using the platform.”
Source: Terra
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