Recruiter.com to Get OneWire, a Primary Economical Providers Choosing Platform

HOUSTON, Dec. 22, 2020 (Globe NEWSWIRE) — Recruiter.com Group, Inc. (OTCQB: RCRT), an AI- and video-enabled selecting system with the world’s most significant community of recruiters, is pleased to announce that it has entered into a binding letter of intent to obtain OneWire, a primary SaaS-primarily based recruiting and software system concentrated on the money companies sector. The acquisition will include the OneWire SaaS platform (www.onewire.com), Matchbook software (www.matchbook.io), and OneWire’s executive search business enterprise.

“Recruiter.com’s mission is to become the most collaborative and connective system for using the services of expertise,” stated Evan Sohn, CEO of Recruiter.com. “Recruiter.com’s acquisition of OneWire provides an ground breaking, membership-centered talent-matching system an remarkable array of fiscal, banking, and accounting clients and a community of business specialists. We are incredibly fired up to blend our providers and search ahead to driving large advancement together in 2021.”

Given that 2008, OneWire has delivered recruiting excellence to international money firms, which includes expenditure financial institutions, hedge money, non-public equity, enterprise cash, and corporate companies, though accumulating a really expert and market applicant databases of in excess of 700,000 fiscal companies sector industry experts. Recruiter.com also welcomes Eric Stutzke, CEO of OneWire, to the Recruiter.com management workforce. Eric’s qualifications features deep sector and public corporation practical experience he formerly taken care of external monetary reporting and investor relations for Monster Throughout the world.

“We’re thrilled to blend forces with Recruiter.com and increase their thorough suite of choosing remedies to our clients in the money solutions industry,” explained Eric Stutzke, CEO of OneWire. “OneWire will be in an outstanding position to leverage the attain and distribution of the Recruiter.com system, driving major leads and incremental earnings throughout our product or service and services offerings. Our customers will continue on to obtain unbelievable consumer company and can further capitalize on movie screening and AI-enabled sourcing application via Recruiter.com.”

Recruiter.com, with around 410,000 customers in its CFO Network and executive finance group on LinkedIn, will instantly grow the attain of OneWire’s SaaS platform for money market selecting. The corporations prepare to integrate their assets to provide unified, subscription-based mostly human money remedies, from junior and intern-amount personnel to management and government-amount talent.

The binding letter of intent obligates the parties to function cooperatively to negotiate, execute, and provide a definitive asset buy arrangement governing the transaction by January 31, 2021. The order selling price shall be in limited typical inventory of Recruiter.com. The acquisition is issue to thanks diligence and closing approval by the board of Recruiter.com Team, Inc.

Recruiter.com Group, Inc.
Recruiter.com is disrupting the $120 billion recruiting and staffing marketplace by combining an AI and Online video selecting platform with the world’s most significant community of in excess of 27,500 little and impartial recruiters. Enterprises of all measurements recruit expertise faster using the Recruiter.com platform, which is run by digital groups of on-demand recruiters and online video and AI task-matching know-how. Stop by https://www.recruiter.com.

For trader details, visit https://www.recruiter.com/buyers.html.

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OneWire
OneWire is a SaaS-based mostly recruiting system that hosts the biggest community of professionals in the economical providers marketplace. Candidates can confidentially look for and apply to work opportunities, when businesses can advertise open chances or lookup instantly from our applicant database. By the Company’s Matchbook item, candidates are pre-screened in progress and showcased in a expertise marketplace where employers can directly send out interview requests and pay back on success. The Enterprise also features tech-enabled executive look for expert services that are tailored for each and every agency.

Firm Get in touch with:
Evan Sohn, CEO
Recruiter.com Team, Inc.
Telephone: (855) 931-1500

Investor Relations:
Dave Gentry
RedChip Organizations, Inc.
Mobile phone: (407) 491-4498
[email protected]

Cautionary Be aware Regarding Ahead-Wanting Statements:

This press release consists of ahead-searching statements in just the indicating of the Non-public Securities Litigation Reform Act of 1995. The terms “forecasts,” “forecasting,” “believe that,” “may perhaps,” “estimate,” “continue on,” “anticipate,” “intend,” “must,” “prepare,” “could,” “focus on,” “possible,” “is very likely,” “will,” “be expecting” and comparable expressions, as they relate to us, are meant to establish ahead-searching statements. We have dependent these ahead-on the lookout statements largely on our latest expectations and projections about long term occasions and fiscal trends that we consider may perhaps affect our money condition, benefits of operations, business method, and monetary demands. Vital factors that could induce true effects to vary from individuals in the ahead-on the lookout statements involve continued demand for skilled choosing, the precision of the Recruiter Index® study, the influence of the COVID-19 pandemic on the work industry and the overall economy as virus amounts are all over again climbing in many states, and the Hazard Variables contained in just our filings with the Securities and Exchange Commission, including our Yearly Report on Variety 10-K for the calendar year finished December 31, 2019. Any ahead-on the lookout statement created by us herein speaks only as of the date on which it is built. Variables or functions that could trigger our genuine success to differ might emerge from time to time, and it is not feasible for us to forecast all of them. We undertake no obligation to publicly update any ahead-seeking statements, no matter whether as a end result of new details, long run developments or otherwise, besides as could be needed by legislation.