This acquisition greatly strengthens our company
Cincinnati, OH (PRWEB) August 18, 2008
The military-to-civilian recruiting firm RecruitMilitary, LLC, has purchased competitor Landmark Destiny Group (LDG) from Landmark Military Media, Inc. (LMM). The acquisition brings together two of the strongest companies in the industry.
Military-to-civilian recruiting firms connect employers, educational institutions, and franchisors with job seekers who have military backgrounds--veterans who already have civilian work experience, men and women who are transitioning from active duty to civilian life, members of the reserves and National Guard, and military spouses. Both RecruitMilitary and LDG operate large job boards for all individuals with military backgrounds, and both publish high-circulation print magazines for transitioning personnel. RecruitMilitary will merge the LDG operations with its own. Terms of the sale were not released.
"This acquisition greatly strengthens our company," said Drew Myers, founder and president of RecruitMilitary. "We jump to first place in military-to-civilian job boards, matching our ranking in military-to-civilian career fairs. And the purchase gives us a highly competitive position in publishing."
Job seekers register and post their resumes on the job boards. When they do so, they join vast databases. LDG has more than 300,000 job seekers in its database at http://www.destinygroup.com. RecruitMilitary has over 226,000 at http://www.recruitmilitary.com. The job seekers can view postings placed on the job boards of both RecruitMilitary and LDG by employers, educational institutions, and franchisors. Such organizations also pay fees to RecruitMilitary and LDG for the privilege of searching the databases. Registration, resume posting, and job searching are free to job seekers.
RecruitMilitary and LDG send their magazines to military bases for free distribution to transitioning personnel. RecruitMilitary publishes Incoming!, a 6-page quarterly, and ships more than 50,000 copies to over 230 bases. LDG publishes Search & Employ,(SM) a 28-page bimonthly, and ships over 15,000 copies to more than 75 bases.
RecruitMilitary's career fairs operation achieved its top ranking in just three years. The company conducted 13 events in 2006, its first year as a producer. In 2007, RecruitMilitary conducted 45 career fairs. So far in 2008, the company has produced 64 events, and it has scheduled 40 more through the end of the year. RecruitMilitary produces career fairs in cooperation with HireVetsFirst, a part of the United States Department of Labor; The American Legion; and the Military Spouse Corporate Career Network.
In addition to its job board, publishing, and career fairs operations, RecruitMilitary provides professional services: Employers place job orders with the company. RecruitMilitary search consultants then scan databases for men and women who might qualify for the job openings. The consultants interview those individuals and present the most promising of them to the employers. Myers founded RecruitMilitary in 1998. The company is based in Loveland, Ohio (Greater Cincinnati), and operates 20 field sales offices throughout the United States.
Landmark Military Media, Inc. (LMM), is the largest publisher of military newspapers and Web sites in the country, with twelve military newspapers and associated Web sites serving all branches of the military in six states, and with monthly circulation exceeding 800,000. LMM is a subsidiary of Virginian-Pilot Media Companies, LLC, headquartered in Norfolk, Virginia. Among its military newspapers, LMM currently publishes the military newspaper for the nation's largest Army post at Fort Hood (TX), The Sentinel, the nation's largest Navy base at Naval Station Norfolk (VA), The Flagship, and the nation's largest Marine base at Camp Lejeune (NC), The Globe. Landmark Destiny Group was founded in 1997.
Drew Myers, President