Tarsus Group PLC ("Tarsus" or "the Group"), the international media group with interests in exhibitions, conferences, publishing and online media is pleased to announce the acquisition of DH Publishing Ltd (DHP) from David Hurst. DHP is focused on the b2b global online recruitment industry principally through its portal www.onrec.com and the magazine Online Recruitment as well as a range of associated conferences.
Recruitment across a wide range of industries is increasingly being carried out online and DHP's portal brings industry service suppliers together with HR professionals, recruiters and job boards. DHP's site currently contains over 3,700 recruitment sites from around the world and over 1,200 suppliers. In the UK, the IRS employment review published in October 2005 reported that online recruitment was now the norm for two-thirds of firms and organisations. In the US Mintel reported that 96% of Fortune 500 companies already use online recruitment.
With headquarters in Essex, DHP will be integrated within Tarsus' rapidly growing online media division based in the UK.
Douglas Emslie, Group MD of Tarsus, commented:
"We are delighted with this purchase - DHP has both a strong brand and excellent growth opportunities on a global scale and will be a great addition to our online media business which itself grew by 75% in 2005."