Citifocus joins forces with In Job Group
Citifocus has become the financial services arm of In Job Group, a global recruitment firm with offices in Europe, US and Asia.
Citifocus says that thanks to its 25 years of recruitment activity in London and its longstanding relationships with clients, its has built a well-established brand reputation and awareness. Its areas of expertise range across a wide spectrum of the financial service sectors to include banking and fund management, complementing In Job’s existing global businesses.
Christine Looker, founder and MD of Citifocus, said, “This is an exciting time for the company; Citifocus has built an excellent track record and impressive client base as an independent firm over the last 25 years. The moment has now arrived to expand our horizons internationally and with the backing and support of In Job, we are looking forward to continuing to build our brand and develop the business across the globe.”
In Job Group was founded in 2001 in Verona, Italy. Throughout 2017, it has continued to develop both in Italy and overseas, providing skilled professionals across various business sectors and particularly focusing on mid-market enterprises with an ambition to expand internationally. In Job operates in three continents, through 23 offices, with 3,000 employees and a turnover in excess of GBP 50 million.
Carlo De Paoli, founder and chairman of In Job, commented, “We are so pleased to have made this acquisition as it aligns with our strategy to develop specific competencies in the Financial market. We are ready to invest in order to expand the presence of Citifocus in London, Milan, New York and Shanghai.”
Optima Corporate Finance initiated the transaction and advised the Citifocus shareholders. Optima’s director, Philip Ellis, commented, “We knew that In Job were keen to establish a presence in the London Financial market and Citifocus represents an ideal platform on which to build.”
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