Private Equity Group Acquires Largest Automotive Industry Employment Website Boasting 25,000 Job Seekers...
Online, January 5, 2011 (Newswire.com) - AUTOMAX MARKETING COMPANY LLC dba AutoMax Recruiting and Training announced today that it has agreed to acquire http://DealerClassified.com, the leading automotive career website for an undisclosed amount.
The coalition will increase advertising revenue resulting in larger numbers of automotive employers seeking to leverage the niche sites 25,000 qualified automotive candidates and their resumes in order to staff their dealerships in the upcoming New Year.
According to the Herald and the Associated Press auto sales should be on the upswing this year as a result of increased sales in recent months, which should spark a hiring trend within the industry. "We're starting to see people showing an inclination to go back into the dealerships, to go back into the malls," said Jim Bunnell, general manager of General Motors Co.'s U.S. sales operations. "It's not going to happen overnight, but we think as we roll through 2011, we're going to see a nice, gradual improvement and recovering in the automotive sector." The acquisition combines the largest and fastest growing online job board DealerClassified.com with AUTOMAX Recruiting and Training the largest resource of it's kind for the auto industry. "It's a win win proposition for all. Combining real time employment advertising with our recruiting and training arm, we know we have all the bases covered", states Craig Lockerd, President of Automax Recruiting and Training. We are thrilled to now offer automotive specific employment advertising which encompasses not only sales but now allows us to recruit for any position within a dealership whether it's variable or fixed operations. The combined companies will focus on providing a better, more comprehensive, automotive industry career website with increased traffic to benefit both Dealers and Job Candidates while maintaining the core focus of providing skilled workers for Automotive employers.
"Automotive executives and Dealers, now more than ever need to rely on qualified, skilled, automotive professionals to help achieve their growth and profit objectives", said automotive industry veteran, Diane Uzelac, President, AUTO CAREERS ONLINE LLC. "With the great reputation and growth of DealerClassified.com, along side the experience and partnership of AUTOMAX Recruiting and Training... we will have it all. From entry-level personnel with strong sales backgrounds to seasoned automotive professional. Whether it's sales, service, parts, or body shop we boast resumes including talent from all phases of management. We definitely have all aspects of the automotive employment search covered with a simple click of the mouse.
DealerClassified.com's partnership with the nations largest and most successful job boards along with their thousands of local publications reaching all fifty states will contribute to AUTOMAX MARKETING COMPANY LLC's already successful and helpful reputation. "When the bottom fell out last year I assured them (dealers and candidates) that it would turn around. We've been through this before, we always come out of it", said Uzelac. DealerClassified.com grew more than 465% in the last year.
Craig Lockerd, President of AUTOMAX MARKETING COMPANY LLC added "We are excited to join forces with the DealerClassified.com team and to have the benefit of their (DealerClassified.com) reputation and resources, as well as the breadth of their industry experience."
When the acquisition is complete DealerClassified.com will initially retain its distinct identity, strengthening and complementing AUTOMAX MARKETING COMPANY LLC's own fast growing recruiting and training arm. Eventually co-branding of names and logos will help in executing an effective transition. DealerClassified.com and AUTOMAX MARKETING COMPANY LLC will continue to be based initially in their respective offices eventually combining all resources in one corporate headquarters. With AUTO CAREERS ONLINES LLC's expertise, advertisers and national reach, DealerClassified.com and it's new owners AutoMax Recruiting and Training will continue to build on its success as the nations largest Automotive Industry career website.
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Tags: Automax Recruiting & Training, automotive industry, Automotive Recruiting