Recruitment Market Segment LS
Recruitment Market Segment RS
Thursday, 07 December 2006 12:29

Ambit Recruitment acquires Resources 6

By
One of Australia's big four technology recruiters Ambit Recruitment, has added to its Perth office with the acquisition of small Alphawest subsidiary Resources 6 Pty Ltd.

Specialising in recruitment and contracting for Engineering and Information Technology personnel, the value in Resources 6 lays in its high profile preferred supplier list, which includes Alphawest, The WA Government and the Water Corporation.

The sale will add $10 million per annum in revenue to Ambit and represents a strategic acquisition in fast-growing Perth, a market that Ambit believes will be a key driver of growth over the next 10 years in both Engineering and Information Technology recruitment.

Peter Acheson, CEO of Ambit Recruitment, however, admitted that Resources 6 is only a small recruiter and declined to comment about how many consultants the acquisition will add to the Ambit stable.

"Resources 6 is a small recruiter with about 70 contractors," said Mr Acheson. "The majority of the business is in Perth - we're already number one in Perth. This puts a gap between us and number two. Alphawest divested itself of Resources 6 because it isn't core business.

"Our acquisition of Resources 6 will further strengthen our position in the Perth marketplace and grow our revenue towards our long-term growth targets."

"The acquisition will also enable a range of benefits to be realised by existing Resources 6 clients and contractors through increased access to a larger recruitment infrastructure, leading edge technology and innovative human management products available through Ambit Recruitment," said Mr Acheson.


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Stan Beer

 

Stan Beer co-founded iTWire in 2005. With 30 plus years of experience working in IT and Australian technology media, Beer has published articles in most of the IT publications that have mattered, including the AFR, The Australian, SMH, The Age, as well as a multitude of trade publications.

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