Dice Holdings, the owner of tech job site Dice.com and eFinancialCareers.com, has completed the purchase of substantially all of the assets of AllHealthcareJobs.com, a healthcare career site.
The purchase price consists of initial consideration of $2.8 million in cash and the issuance of 205,000 shares (with some restrictions). Additional consideration to a maximum of $1.0 million in cash is payable upon the achievement of certain operating and financial goals over the next two years.
“Today, Dice gains a successful career site in healthcare, an important industry sector facing long-term shortages of experienced professionals in critical areas. We are confident that we can further drive AllHealthcareJobs.com growth through our expertise in building communities and serving customers,” said Scot Melland, Chairman, President & CEO of Dice Holdings, Inc. “Through this acquisition, we continue to execute our strategic plan which includes pursuing growth opportunities in new verticals.”
“We are elated and proud to be joining the highly respected Dice team,” noted Phil Morris, co-founder and President of AllHealthcareJobs.com. “Being a relatively small but growing site, this partnership makes eminent sense. It allows us to leverage Dice’s know-how and established resources to match even more healthcare professionals with the best job opportunities.”
Launched in late 2006 and known for its unique search engine, AllHealthcareJobs.com allows hiring managers and recruiters to locate healthcare professionals in 500 available job specialties.
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