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GREEK JOB BOARD OPERATOR KARIERA ACQUIRES CAREERBUILDER’S INTERNATIONAL BUSINESS
May 19, 2023


Kariera SA, a job board provider headquartered in Athens, Greece, has acquired the European and Asian businesses of job board operator CareerBuilder as it builds out its international operations. Kariera itself was formerly owned by CareerBuilder before its founders reacquired it in 2020.

CareerBuilder, based in Chicago, ranked as the 19th-largest global online job advertising firm prior to this acquisition with revenue of $275 million in 2022, according to Staffing Industry Analysts’ “Online Job Advertising Market Update” report. Kariera is acquiring CareerBuilder’s international business lines in the UK, France, Germany, Sweden, the Netherlands, Norway, Vietnam, Singapore and the United Arab Emirates.

With the closing of this deal, Kariera will have more than 300 employees, offices in 10 cities and consolidated revenue approaching €30 million (US$32.5 million) this year, according to the company.

“At a time when remote working, the huge need for retraining of human resources and the international mobility of talent make it difficult for employers worldwide to identify the ideal staff for them,” Kariera Group CEO Theofilos Vasileiadis said in a press release, “we are now able to offer solutions at a global level by combining access to personnel from 10 countries with major investments in the technological innovation of the recruitment and personnel management platform offered by Kariera Group.”

Kariera was founded in 1997 by Vasileiadis and Fanis Rigas. It was the first Greek startup to be sold to a multinational company when CareerBuilder acquired it in 2007, according to the company. Vasileiadis, along with brothers Artistotelis and Stefanos Panteljadis, reacquired it from CareerBuilder in 2020.

Kariera has been an active acquirer, buying Human Factor, a provider of personnel management software, in 2021, and Workathlon, which focuses on employers in the tourism industry, in 2022.

“My brother and I are very proud to participate in the next step of Kariera SA,” Stefanos Panteljadis said in a press release. “I am particularly pleased that the idea of acquiring Kariera — which was first discussed with Theofilos at a conference in Vancouver in 2017 — leads today to creating a Greek group with a footprint in many countries and activity in such an interesting and critical field of human resources.”

The deal was announced Tuesday.

“We echo the excitement of Kariera on the recent acquisition of our CareerBuilder International business and the opportunity for the combined company to grow its impact on the global talent landscape,” said Jeff Furman VP, global real estate and procurement, at CareerBuilder.
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