Bó Lè Associates Completes Sale to Recruit Holdings

June 26, 2013 – Chinese search firm Bó Lè Associates has completed the sale of its remaining shares to Recruit Holdings Co. Ltd. Financial terms of the deal were not disclosed. Bó Lè Associates was established in 1996 and currently operates out of 17 offices in Greater China and seven offices in Southeast Asia; it has 550 employees and more than 17 years of experience in placing international and local senior executives. ”Bó Lè is very excited and looks forward to participate in Recruit’s long term goal which is to become the No. 1 global integrated human resources service provider, offering a full line of services in permanent placement including executive search and selection, as well as staffing and on-line HR services. We are committed to catering to clients and candidates globally and providing a wide variety of employment opportunities worldwide,” said Louisa Wong, founder and executive chairman of Bó Lè. Additional information on Recruit Holdings can be found in HSZ Media’s 2013 executive search market research report now available to subscribers.