StepStone acquires Statsjobb

OSLO, Norway - StepStone, provider of total talent management solutions, have announced the acquisition of Webjobb AS, owner of the Statsjobb public sector job board brands in Norway, Denmark and Sweden. The acquisition not only extends StepStoneís public sector recruitment capabilities in Scandinavia, but makes StepStone the clear public sector market leader in Norway following the acquisition of Recruiter Norge in July 2007.

StepStone has seen substantial organic growth in its Norwegian online recruitment business and believes that it is increasing market share. Online revenue from Norway in Q4 2007 was over 75% higher than Q4 2006.

Per-Thomas Be, the manager of Statsjobb, will remain with the business and take on the role of sales manager - public sector, for StepStone Online. The addition of Statsjobb increases the size of StepStoneís Norwegian operation to over 50 staff.

Statsjobbís job boards in Norway, Sweden and Denmark will be hosted on StepStoneís technical platform and accessible from StepStoneís job boards in all three countries.

Customers of Statsjobb will benefit from StepStoneís traffic and users. Their listings will now be accessible via StepStone's job boards in Norway, Sweden and Denmark and also via StepStoneís partners in Norway including Hegnar.no, Tinde.no and IDG.no.

Statsjobbís customers will also now have greater access to StepStoneís complete suite of products and services for e-recruitment and talent management

ìIím proud to announce that Statsjobb AS now is a part of StepStone, Europeís leading e-recruitment company, and we believe the access to StepStoneís product portfolio, knowledge and organization will be of enormous benefit to our existing customers,î Per-Thomas Be, manager of Statsjobb, said.

ìThe acquisition of Webjobb AS and the Statsjobb brands add considerable strength and depth to StepStoneís public sector coverage in Scandinavia and in particular, Norway. Statsjobbís enviable customer portfolio in the public sector, competent staff, significant market share and cost and revenue synergies are a perfect fit for StepStone and positions the company well for further growth in the region,î StepStone CEO, Colin Tenwick, said.