Job.com, a tech-powered recruitment platform, continued its acquisition spree by picking up PrincetonOne, a New Jersey-based recruitment firm with a focus on white-collar workers. Terms were not disclosed.
According to the company’s announcement, the deal follows Job.com’s strategy of building revenue and reach by acquiring successful businesses and growing their revenues by applying Job.com’s technology.
“PrincetonOne brings significant value to the market and our portfolio, and we are delighted to join forces,” Job.com co-founder and CEO Paul Sloyan wrote in the announcement. “PrincetonOne has proven to serve their loyal client base with a high level of service, a fitting complement to the firms we previously acquired.”
Founded in 2002 by Dave Campeas, PrincetonOne operates across the U.S., with most customers in pharmaceuticals, biotechnology, manufacturing, retail, wholesale, and supply-chain industries. It helps clients recruit accountants, financial managers, and HR staff.
In May 2022, PrincetonOne was named to the Forbes List of Best Professional Recruiting Firms in the U.S. for a sixth consecutive year. PrincetonOne brings more than 130 employees to Job.com, increasing the total full-time core employees to more than 300, the announcement stated.
Job.com has made a number of acquisitions in the last couple of years, including niche staffing firms Fortus Healthcare Resources and Endevis in August 2021 and QCI Healthcare this past March. After the last purchase, the firm said it would acquire eight additional North America-based staffing agencies in the healthcare and cybersecurity sectors in 2022.