Acquisition accelerates companies’ access to talent and broadens adoption of edtech solutions
NEW YORK, July 5, 2022 /PRNewswire/ — Firsthand Vault today announced the acquisition of CareerEco, the pioneers of the virtual events market. Having hosted career fairs, admissions events and corporate client engagements for over a decade, CareerEco offers a scalable and secure self-service platform that can be integrated into hybrid recruitment efforts long term in national and international markets. As a forerunner in the virtual recruiting space, CareerEco wrote the playbook on harnessing technology to expand candidate access. Remaining a trusted and preferred platform for universities and employers to have authentic, personal conversations, CareerEco provides access for students, alumni, and career seekers to accelerate their professional goals.
Vault-Firsthand helps students and professionals discover their best career path by providing industry-leading guides, rankings, and content centered around verified employee information and first-hand experiences. Universities showcase Vault-Firsthand content through their Career Services and Alumni groups, while corporate clients create in-depth profiles to showcase their companies to more than 20 million job seekers. The acquisition will allow Vault-Firsthand to leverage the CareerEco platform with its current customer base while enabling cross-selling opportunities and feature enhancements among its parent company, Infobase’s broader educational customers.
Gayle Oliver Plathfounder and CEO of CareerEco, explains the powerful alignment between Vault-Firsthand and CareerEco: “Through this partnership, we can now offer students essential career information, deeper insights into employers and graduate schools, as well as robust mentoring tools.Together, our companies can unify our solutions to better empower university and employer partners while uniquely addressing the needs of career seekers and student users navigating critical life choices.”
As remote and hybrid workplaces have become a more permanent part of our lives, the events industry has also evolved, with virtual events offering new reach, scale, profitability and measurable impact. Seventy percent of HR professionals see virtual recruiting as a practice that’s here to stay, and more than 90% of higher education professionals plan to incorporate virtual career events in the future.
Eric StutzkeSenior Vice President and General Manager of Vault-Firsthand, also commented, “Gayle and her team have created an amazing app and have a great reputation in the virtual events industry. As the global workforce continues to diversify and break down geographic barriers, we are committed to providing our clients with the best solutions that enable them to deliver their message and events more effectively, while facilitating meaningful connections across the globe.”
About Firsthand Vault
Based at New York, NY, Vault-Firsthand, an infobase company, is the world’s leading source of career information. With its verified employer information and first-hand professional engagement platform, job seekers discover, verify and connect with future employers. Since 1996, Vault-Firsthand has launched careers and elevated professionals to positions of success by providing trusted industry leaderboards and guides, Vault Law and mentoring experiences, and through the new CareerEco virtual events.
SOURCE First hand