TMP Worldwide, which is backed by Gemspring Capital, has acquired London-based Carve, a social media firm. No financial terms were disclosed.
NEW YORK, Oct. 15, 2019 /PRNewswire/ — TMP Worldwide, a global leader in talent acquisition technologies, is announcing its fourth acquisition this year with the addition of Carve. Carve, a London social media firm, has a rich heritage of framing global social strategies that distinctly position its clients as leaders in the marketplace. The company is known for its ability to deliver forward-thinking social excellence for a range of high-profile clients.
Carve’s product suite includes a social analytics dashboard to help clients identify trends, support decisions and drive ROI, as well as a program to equip client leadership with the tools, understanding and confidence to create meaningful relationships on social. Carve’s solutions complement TMP’s TalentBrew recruitment marketing platform, which predicts, personalizes and influences the candidate experience to help companies build and retain the right talent.
“Carve’s social capabilities enhance our existing technology and support our vision of comprehensive talent acquisition solutions that utilize extensive data sets to solve business problems,” said Michelle Abbey, President and CEO of TMP Worldwide. “This acquisition bolsters our ability to design and deploy sophisticated social strategies, leveraging Carve’s proven solutions to equip clients with a substantial competitive advantage in today’s war for talent. Carve’s live social dashboard delivers real-time monitoring and metrics, providing continuous ability to fine-tune campaign effectiveness. It’s an end-to-end solution in the pursuit of client success.”
Paul Harrison, CEO of Carve added, “The acquisition will allow Carve to take advantage of TMP Worldwide’s global network and local market expertise across North America, South America, Asia and Europe, providing scale and reach as we expand our mission of helping world-leading organizations use social to build meaningful relationships with candidates, customers, influencers and industry stakeholders.”
The company will continue to operate as Carve and be led by its current Chief Executive, Paul Harrison, with Darren Harris joining Carve as Managing Director.
TMP Worldwide is a portfolio company of Gemspring Capital, a Westport, Connecticut-based private equity firm.
About TMP Worldwide
TMP Worldwide is a global leader in talent acquisition technologies, committed to finding new ways to leverage software, strategy and creative to build talent and enhance our clients’ employer brands – across every connection point. From healthcare to government to retail to technology and everything in between, we’ve revolutionized the way companies and candidates connect.
About Gemspring Capital
Gemspring Capital is a private equity firm with $355 million of equity capital under management that focuses on making control and structured equity investments in middle market companies headquartered in the United States and Canada. Gemspring partners with talented management teams and takes a hands-on approach to driving revenue growth and value creation. For more information, please visit www.gemspring.com