MrTed To Be Acquired By StepStone Solutions

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- Creating a strong foundation for the future -

London, 2 August 2010, MrTed Ltd., the leading provider of on-demand Talent Acquisition Solutions, today announced it is being acquired by StepStone Solutions, a global leader in Talent Management Solutions.

Over 1,500 organisations in 40 countries rely on StepStone Solutions every day to improve their business performance, build effective talent strategies, and to help their people have more effective, enjoyable and rewarding careers. StepStone Solutions operates in 16 countries and employs around 450 people.

“As our industry consolidates, integrating MrTed’s business into StepStone Solutions makes a lot of sense for both sets of customers and provides a safe pair of hands for the future. It creates a powerhouse software company with a truly global footprint, an unmatched product set and great financial strength,” said Jerome Ternynck, CEO and co-founder of MrTed. “Our aim is to ensure that the integration of MrTed into StepStone Solutions has only positive results for our customers and employees, and I am personally delighted to be continuing to work with StepStone Solutions in an advisory capacity.”

This acquisition is part of StepStone Solutions’ strategic plan to continue growth as a world leader in the talent management market. “For customers and prospects of both companies this is extremely exciting. Looking forward, the strength of both companies will enhance the experience and means by which business managers interact with their talent and HR colleagues, generating greater value for their businesses,” said StepStone Solutions CEO, Matthew Parker. “We have created a very strong combined player with unique capabilities to meet customer needs in terms of global reach, financial strength and product set.”

For more information please visit www.stepstonesolutions.com

About MrTed
MrTed is a leading provider of on-demand talent acquisition solutions designed to help companies of all sizes optimize the process of acquiring local talent on a global scale. Through innovation, passion and focus, MrTed provides the world's most effective recruitment solutions, ranging from MrTedTalentLink, an enterprise-class global talent acquisition solution, to SmartRecruiters, free and easy recruitment software. MrTed was founded in London in 1999 and supports over 3,000 clients in more than 100 countries find and acquire the most coveted talent in the world.

To learn more about MrTed or SmartRecruiters, please visit: www.mrted.com

About StepStone Solutions
StepStone Solutions delivers world class technology for finding, recruiting, retaining, managing and developing people. Our global talent acquisition and talent management solutions are available in many languages, with seamless, internet-based access. With the support of our experienced professionals they can be quickly and reliably implemented anywhere in the world, using SaaS or on-premises delivery, to give rapid return on investment. Over 1,500 organisations in 40 countries rely on StepStone Solutions every day to improve their business performance, build effective talent strategies, and to help their people have more effective, enjoyable and rewarding careers. StepStone Solutions operates in 16 countries and employs around 450 people. Its global customers include BASF, Deloitte, Deutsche Telekom, Lufthansa, Kruger Products, PUMA, and Virgin Atlantic.

For more information see: www.stepstonesolutions.com

Press Contact

Andrew Rodaway |
Director of Communications, Stepstone Solutions |
+44 7540 666439 |
andrew.rodaway@stepstonesolutions.com

Ralph Brasker |
Head of Marketing & Communication MrTed|
+31 10 742 02 50 |
r.brasker@mrted.com