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Jobsite.co.uk acquired by Stepstone

Jobsite said, "The transaction is not yet completed but we are announcing it now so that you hear this exciting news from us. The transaction is conditional on clearance from the Competition and Markets Authority, which we expect to receive in the autumn the transaction will be finalised shortly thereafter.

The acquisition is designed to deliver enhanced value to recruiters across the UK. The combination of StepStone's worldwide expertise in the recruitment business, products and technology and Jobsite's local expertise will offer greater breadth of candidate exposure, delivering the benefits of superior value, efficiency and performance.

The transaction will bring together StepStone.com, which includes Totaljobs.com, CWJobs.com and Caterer.com with Jobsite.co.uk, which includes CityJobs.com, and eMedCareers.com. This will result in the creation of world-class products and a team that will continue to lead innovation in the online recruitment market, with significantly greater coverage of UK vacancies and enhanced features for jobseekers.

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