RCM Technologies Acquires TalentHerder to Bolster Recruitment Services

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RCM ($NASDAQ:RCMT) Technologies provides a full suite of services, including IT consulting, application development and maintenance, enterprise resource planning, and business process outsourcing. The acquisition of TalentHerder will bolster RCM Technologies‘ existing recruitment process outsourcing service offerings. The acquisition will expand RCM Technologies‘ footprint in the RPO market, and will enable the company to provide a more comprehensive suite of RPO services to its clients. The acquisition will also give RCM Technologies‘ in-house recruiting team access to TalentHerder’s candidate sourcing capabilities, which will allow the team to respond more quickly to client needs.

Stock Price

On Tuesday, RCM Technologies announced that it had acquired TalentHerder, a provider of recruitment services. The move is aimed at bolstering RCM’s existing recruitment services and helping the company better compete in the market. RCM Technologies stock opened at $16.3 on the news and closed at $16.5, down by 0.7% from its previous closing price of 16.6. The company’s stock has been on a steady decline over the past year, and this latest move may help to turn things around. TalentHerder is a well-established provider of recruitment services, and the acquisition will give RCM a much needed boost in this area.

The company has been struggling to compete against larger rivals, and this acquisition will help to level the playing field. The terms of the deal have not been disclosed, but it is likely that RCM will pay a premium for TalentHerder. This is a smart move by RCM, and it should help to improve the company’s bottom line.

VI Analysis

As an investor, you always want to know if a company has good long-term potential. This is where VI app comes in, as it can help you analyze a company’s fundamentals and make an informed decision. Based on the VI Star Chart, RCM TECHNOLOGIES is classified as a ‘gorilla’, which is a type of company that has achieved stable and high revenue or earning growth due to its strong competitive advantage. This makes it an attractive investment option for those looking for a company with good long-term potential.

However, it is important to note that RCM TECHNOLOGIES has a high health score of 7/10, which means it is capable of safely riding out any crisis without the risk of bankruptcy. This makes it a good choice for those who are looking for a company with a strong financial foundation.

VI Peers

The company has a strong presence in North America, Europe, and Asia. RCM Technologies Inc’s competitors include Jangho Group Co Ltd, Calian Group Ltd, and Peoplein Ltd.

– Jangho Group Co Ltd ($SHSE:601886)

JHG is a leading investment company with a focus on the healthcare sector. The company has a market capitalization of 8.92 billion as of 2022 and a return on equity of -9.2%. JHG has a diversified portfolio of healthcare investments, including hospitals, clinics, and nursing homes. The company also has a significant presence in the pharmaceutical and biotechnology industries.

– Calian Group Ltd ($TSX:CGY)

Calian Group Ltd is a Canadian professional services company with over 30 years of experience in the provision of health, training, and technology solutions. The company has a market cap of 648.65M as of 2022 and a Return on Equity of 4.41%. Calian employs over 2,600 people in Canada, the United States, and the United Kingdom. The company’s health solutions include primary care, health promotion, and disease prevention services. Calian’s training solutions include online and classroom training, as well as simulation-based training. The company’s technology solutions include systems engineering, software development, and network integration services.

– Peoplein Ltd ($ASX:PPE)

As of 2022, Peoplein Ltd has a market cap of 310.55M and a Return on Equity of 13.79%. The company is a provider of human resources solutions and services.

Summary

The acquisition was aimed at bolstering RCM’s recruitment services offering. TalentHerder’s RPO services include full-cycle recruiting, sourcing, screening, and onboarding support for companies. The company also offers other recruitment services such as candidate assessment, employer branding, and social media recruiting. RCM Technologies is a global provider of information technology, engineering, and staffing services.