OnTargetjobs is the parent company of Hcareers, Applied Recruitment Technologies (HealthEcareers.com), CareerBank, Biospace and Medhunters, providing online career services to the accounting, biotech, finance, healthcare, hospitality, insurance, pharmaceutical, and restaurant markets.
OnTargetjobs invests in leading niche internet job sites, serving a defined vertical industry or job function. The Company's operating philosophy is to invest in strong management teams who continue to operate the acquired company, with OnTargetjobs assisting through capital, consultative and other resources to enable accelerated company growth.
OnTarget is in partnership with Warburg Pincus, one of the oldest and largest private equity firms in the world with approximately $13 billion under management. Over the past 40 years, Warburg Pincus has raised 11 private equity investment funds which have invested more than $23 billion in approximately 540 companies in 30 countries, providing capital at all stages of a company's life cycle, from founding start-ups and providing growth capital to leading restructurings, recapitalizations and buy-outs. Currently, the firm is investing from an $8 billion fund which closed in August 2005.
Warburg Pincus is an experienced partner to talented management teams seeking to build durable companies with sustainable value. The firm has a long history as a successful investor in media, where investments have been made in GlobalSpec, Information Holdings, Inc. and the Journal Register Company, among others.