Elbrus Capital-led Consortium Agrees to Acquire HeadHunter from Mail.ru Group (CEE and CIS)

Source: Mail.ru Group

Mail.ru Group, a London-listed internet access service company headquartered in Russia, has agreed to sell Russia-based online recruitment website HeadHunter to a consortium of investors led by Russia and CIS-focused private equity firm Elbrus Capital for RUB10 billion (approximately US$131 million). The amount will be paid in two tranches before the end of April 2016. HeadHunter was founded in 2000 and operates in Russia, Ukraine, Kazakhstan, Belarus and Azerbaijan.