Business Wire

The Pracuj Group Announces Strategic Investment from TCV

29.6.2017 08:43 | Business Wire

Del

The Pracuj Group (Grupa Pracuj), a leading provider of Human Resources (HR) solutions that help companies recruit, retain, and develop employees in Central Europe, today announced that TCV has agreed to make a minority investment in the company. The closing of TCV’s investment is subject to customary closing conditions. TCV provides growth equity capital for both private and public technology companies in the U.S., Europe, and internationally. The Pracuj Group intends to use the funding to fuel international expansion and expand its product suite. As part of the investment, John Doran and David Yuan, General Partners at TCV, will join the company’s supervisory board.

With more than 17 years of experience in the online recruitment market in Poland, the Pracuj Group oversees four companies: Pracuj.pl, a job board; applicant tracking system eRecruiter; Rabota.ua, a Ukrainian job board; and emplo.com, a platform to support communication and HR processes in companies.

As of today, 40,000 businesses use the Pracuj Group’s products on an annual basis. Its flagship brand, the Pracuj.pl job board, is growing with 2.5 million monthly users and 1,000 new clients joining each month.

Przemysław Gacek, President of the Pracuj Group’s Management Board, said, “At the Pracuj Group, we are continuously striving to learn and innovate and hence were looking for an investor that could provide both knowledge and inspiration. TCV is a perfect fit since they invest in and establish long-term partnerships with technology-driven companies such as ours.

We look forward to working with TCV as we continue to develop and further expand our business. TCV brings decades of sector knowledge and deep experience in helping companies scale. We welcome their expertise as we continue to grow Pracuj Group’s core businesses and expand successful SaaS solutions.”

Today’s announcement marks TCV’s first investment in Poland.

John Doran, General Partner at TCV said, “The Pracuj Group is a great example of the type of company TCV looks to invest in. Led by Przemysław Gacek, the company has established itself as a market leader across Central Europe and shows incredible potential for further growth and international development. We look forward to working alongside the founders and the Pracuj Group’s management team to support the acceleration and growth of its human resource solutions.”

Grupa Pracuj was advised in this investment process by Trigon and GCA Altium (financial) and by Greenberg Traurig (legal). TCV was advised by Weil, Gotshal & Manges (legal).

Contact information

For TCV
Gemma Griffiths
07545 768602

Om Business Wire

Business Wire
Business Wire
24 Martin Lane
EC4R 0DR London

+44 20 7626 1982http://www.businesswire.co.uk

Business Wire, a Berkshire Hathaway company, is the global leader in multiplatform press release distribution.

Følg saker fra Business Wire

Registrer deg med din epostadresse under for å få de nyeste sakene fra Business Wire på epost fortløpende. Du kan melde deg av når som helst.

Siste saker fra Business Wire

Natalia Vodianova Joins PicsArt as Head of Aspiration20.7.2017 13:00Pressemelding

PicsArt, the leading image editing app and creative social network, today announced the appointment of Natalia Vodianova, the supermodel and philanthropist, as Head of Aspiration. In this new role, Natalia will inspire and suggest opportunities to drive positive change through creativity. She has also joined the company’s advisory board. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170720005372/en/ Natalia Vodianova, the supermodel and philanthropist, joins PicsArt as Head of Aspiration. (Photo: Business Wire) “We are thrilled to welcome a talent and role model like Natalia into our family,” said PicsArt CEO Hovhannes Avoyan. “Natalia has been deeply involved in bringing creative inspiration to the world through fashion and social commitment. She’ll help connect the fashion world and the

CloudHealth Technologies Expands Business in Europe20.7.2017 13:00Pressemelding

CloudHealth Technologies, the leader in cloud service management, today announced that it is expanding its customer base, partner list and business operations in the European region. Helping to fuel the expansion is $46 million in Series D funding, which the company secured in June. The funding round will help CloudHealth Technologies scale international operations and double the size of its global workforce. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170720005189/en/ CloudHealth Technologies Expands Business in Europe (Photo: Business Wire) Cloud adoption in EMEA is growing steadily, with the market projected to reach €44.8 billion by the year 2020, according to Market Research & Statistics1. As enterprises turn to the cloud to build apps and manage operations, they improve

Pacific Drilling Announces Early Consent Deadline Results20.7.2017 13:00Pressemelding

Pacific Drilling V Limited (the “Issuer”), a wholly owned subsidiary of Pacific Drilling S.A. (NYSE: PACD) (together with its subsidiaries, the “Company”) announced today the results, as of 5:00 p.m. Eastern Daylight Time on July 19 (the “Early Consent Deadline”) of its previously announced private consent solicitation in respect of its 7.25% Senior Secured Notes due December 1, 2017 (the “Notes”) pursuant to which the Issuer is soliciting the consent of the holders of Notes to an extension of the maturity date of the Notes to June 1, 2018 in order to give the Company more time to negotiate a refinancing transaction or undertake a holistic restructuring with all of its creditors (the “Solicitation”). At the Early Consent Deadline, the Issuer has received consents of holders of the Notes comprising less than 66 2/3% of the aggregate principal amount of the Notes (disregarding Notes held by the

Watch BizWireTV: AR/VR Innovator Leap Motion Looks to Expand Globally and Stephen Curry, Serena Williams and Other Sports Stars Win Big at Nickelodeon’s Kids’ Choice Sports 201720.7.2017 12:08Pressemelding

On the latest BizWireTV, catch the latest Quick Biz Hits and who’s using some Star Power. Also see what’s happening in the startup world with the Accelerator Report, featuring the VC Watch and this week’s Startup Standout. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170720005302/en/ BizWireTV is hosted by Jordyn Rolling (Photo: Business Wire) Now you can watch BizWireTV, and the latest breakthroughs in tech from the biggest brands, on any screen you want by downloading the new app through the Apple TV and iPhone App Store and Google Play for Android devices. Sponsored Headline The State of Channel Marketing: IDG Research study reveals crossroads, opportunity for channel marketers. Top of the Wire

21st Century Fox’s Response to Statement by the UK’s Secretary of State for Digital, Culture, Media and Sport20.7.2017 12:05Pressemelding

21st Century Fox (21CF) notes today’s statement by the Secretary of State for Digital, Culture, Media and Sport that she continues to consider the representations that have been made before she makes her decision on 21CF’s proposed acquisition of the remaining shares of Sky. We welcomed the recent statement by the Secretary of State that “Ofcom is unequivocal” regarding 21CF’s genuine commitment to broadcasting standards, following advice from the independent regulator which found “there are no broadcasting standards concerns which may justify a reference by the Secretary of State to the Competition and Markets Authority.” For over 25 years, 21CF and Sky have been proud broadcasters of good standing in the UK, a responsibility we take very seriously. We also welcomed Ofcom’s decision of 29th June that Sky would remain ‘fit and proper’ to hold a broadcasting licence after this proposed

I vårt presserom finner du alle våre siste saker, kontaktpersoner, bilder, dokumenter og annen relevant informasjon om oss.

Besøk vårt presserom