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 the US, ranked as the 19^th-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. The deal was announced Tuesday.

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

Kariera Group CEO Theofilos Vasileiadis said, ““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. 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. “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.”

Jeff Furman VP, global real estate and procurement, at CareerBuilder, said, “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.”

According to a report published by AIM Group (paywall), the acquisition coincided with a dramatic 60% reduction in staff within CareerBuilder’s US operation and, furthermore, Jeff Furman will officially take over the role of CEO today, replacing departing CEO Susan Arthur.