MINNEAPOLIS, MN (June 15th, 2022) – LinkUp, the global leader in delivering job market data to corporations and investment firms, announced that it has sold Getwork, its wholly-owned recruitment advertising company, to smarter job search engine Adzuna. The sale of Getwork allows LinkUp to focus entirely on strengthening its market leadership in its core data business.
The Getwork team, led by President Brad Squibb, will work alongside Adzuna’s international team covering 20 countries, bringing together decades of job search expertise and accelerating Adzuna’s growth in North America. Getwork and Adzuna will continue to operate as independent brands with their own established communities of jobseekers.
Founded in 2000 as a multi-media recruitment advertising company, LinkUp emerged as a leading pay-per-click job search engine and employment data company following the Great Recession. As its data business quickly expanded beyond the human capital management industry, LinkUp leveraged its high-quality, real-time, and predictive data to become an early leader in the emerging, rapidly growing alternative data industry. The company spun out Getwork in 2021 as a wholly-owned subsidiary, formally separating its recruitment advertising business from its core job market data business.
Alexis Kalmanovitz and Chris Fong at Zelig Associates served as financial advisors and Brian Burke at Dorsey & Whitney served as legal advisor to LinkUp on the transaction.
LinkUp is the global leader in delivering accurate, real-time, and predictive job market data and analytics. Through proprietary technology, LinkUp indexes millions of job listings every day directly from employer websites. From this unique and predictive jobs dataset, LinkUp provides valuable insights into the global labor market, delivers a variety of data solutions to corporations and human capital management firms, and helps investors generate alpha at the macro, sector, geographic, and individual company level. For more information click here.
Zelig is an independent investment banking firm focused exclusively on FinTech and related technologies. With a core team in London, New York and Mumbai, supported by a network of senior advisers around the world, we provide M&A and capital raising advice to entrepreneurs, corporates and investors globally. For more information on Zelig, please reach out to us or visit https://www.zeligfintech.com.