Receive daily articles & headlines each day in your inbox with your free ERE Daily Subscription.

Not logged in. [log in or register]

Findly Buying Bernard Hodes? No, I Didn’t Get That Backwards

by
Todd Raphael
Jul 1, 2013, 10:38 pm ET

findlyHow’s this for a sign of the times: the 43-year-old recruitment advertising agency Bernard Hodes is being bought by a San Francisco-New Zealand upstart you may not have even heard of.

Bernard Hodes Group is part of the big agency Omnicom. Findly has been exhibiting at recruiting conferences, rolling out kitschy-named tools for managing candidates, mainly the coveted passive ones. Findly gets a big Madison Avenue sort of company to help it grow; Hodes gets a software-as-a-service techy company. Also, the union marries the market-to-them advertising part of the recruiting business with the community/CRM/gaming (engage them) part of it.

Here’s a q-and-a about the deal. You’ll see the deal closed on Friday, and that Findly — I mean Findly/Hodes — is owned by the Symphony Technology Group.

This article is provided for informational purposes only and is not intended to offer specific legal advice. You should consult your legal counsel regarding any threatened or pending litigation.

  1. David Manaster

    Wow. It’s hard to express just how long the shadow was of the recruitment ad agencies in their heyday, and Hodes’ shadow was the longest.

  2. charles handler

    The most interesting thing that may not be apparent is the fact that the private equity group that owns findly also owns a ton of assessment content from first advantage. So they now have assessments, an ATS, and a social media platform. These are the ingredients for a major play in the space. It will be interesting to see how they combine them moving fwd.

  3. Kevin Wheeler

    I agree with Charles. This will be one to watch.

  4. Keith Halperin

    Indeed. The key is in the integration (of the various acquisitions). They could become a smooth-running machine, or a bunch of loose parts bouncing around in a box…

    -kh

Post a comment

Please log in to post a comment.

Note: You need to sign up for an account on our new commenting system if you haven't already done so — even if you have an existing ERE account. Find out why »

Login Information