The Market Online - At The Bell

Join our daily newsletter At The Bell to receive exclusive market insights

  • Talent acquisition and engagement platform LiveHire (LVH) signs a strategic partnership with ManpowerGroup Talent Solutions’ TAPFIN division
  • TAPFIN is a division of NYSE-listed ManpowerGroup and provides managed service solutions to global enterprise and super enterprise clients
  • Under the agreement, LVH will offer its direct sourcing technology to TAPFIN’s North American clients with the possibility to add countries across Europe, Asia Pacific and the UK
  • As TAPFIN is yet to sign the first client, LiveHire is unable to quantify the size of the agreement, but the board believes this is a significant milestone for the company
  • Shares in LiveHire were up 33.33 per cent on the market with shares trading at 36 cents at 12:02 pm AEST

Talent acquisition and engagement platform LiveHire (LVH) has signed a strategic partnership with ManpowerGroup Talent Solutions’ TAPFIN division.

TAPFIN is a division of NYSE-listed ManpowerGroup and provides managed service solutions to global enterprise and super enterprise clients.

It offers solutions to better manage the sourcing, quality, costs and risks associated with the workforce to optimise total talent management.

It is one of the four largest managed service providers (MSPs) globally and manages more than US$20 billion (A$28.9 billion) in spending across 103 countries.

Under the agreement, LiveHire will offer its direct sourcing technology to TAPFIN’s North American clients with the possibility to add countries across Europe, the UK and the Asia Pacific.

“We’re thrilled to have completed a competitive process conducted by TAPFIN, and to work with the TAPFIN team to bring our joint direct sourcing solution to TAPFIN’s clients,” LiveHire CEO Christy Forest said.

As TAPFIN is yet to sign the first client, LiveHire is unable to quantify the size of the agreement. However, the board believes this is a significant milestone for the company.

Shares in LiveHire were up 33.33 per cent on the market with shares trading at 36 cents at 12:02 pm AEST.

LVH by the numbers
More From The Market Online
The Market Online Video

ASX Market Close: Bourse finishes week on a high as Wisetech pummeled | November 22, 2024

The ASX200 closed up 0.85% at 8,393 points. Economists increasingly expect interest rates in Australia won’t…
The Market Online Video

HotCopper Highlights: Your most watched stocks for Week 47, 2024

In this segment we’ll look at the top stocks HotCopper users have been watching, and discussing,…
Nuclear explosion mushroom cloud concept

Week 47 Wrap: HotCopper users’ most watched; Brent lifts on Putin’s scary letter; RFK dents CSL

Welcome to the end of another week. Let's start with what HotCopper users have been watching…
Dale Gillham's photo, and wording 'Words from Wealth Within's Chief Analyst Dale Gillham.

Dale Gillham’s weekly wrap: Sigma-Chemist Warehouse merger creates pharma powerhouse

The $8.8 billion dollar merger between Sigma Healthcare and Chemist Warehouse is poised to reshape the Australian pharmacy landscape, consolidating power in th…