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Record recruitment activity as consulting industry thrives     Top-Consultant.com can exclusively reveal that recruitment activity within the consulting sector has reached a new five year high. With consulting revenues growing robustly, firms have been fighting over the best candidates for most of the last year. But with the Big Four accounting firms ramping up their consulting activities, there's now an added impetus pushing     up demand for experienced consulting hires.    Job board advertising activity for the May - July 2005 period has hit a five year high on Top-Consultant, matched by record candidate application levels during the period. The summer lull is proving to be something of a myth, with neither recruiters nor candidates showing any     let-up in their activity levels.    "That the Top-Consultant jobs board is breaking new records at the same time we are running our first Earl's Court careers fair demonstrates just how strong the demand for candidates has now become," commented Top-Consultant Director Tony Restell. "More than 40 firms and 300 recruiters are now     attending the October event and the fear was that firms might have switched their budgets from the job board to the careers fair. In practice consulting firms are eager to do everything they can to reach quality candidates and the careers fair has had no impact on the jobs board figures, which are now stronger than ever."    The average firm now     needs to hire fee-earning staff amounting to a third of their headcount each year, just to counter staff attrition and meet growing client demand. The re-emergence of the Big Four as consulting suppliers sees this trend continue into 2006 and beyond.

Top-Consultant.com bought by DMGT     Associated New Ventures (ANV), a division of Associated Newspapers Ltd (DMGT) announced on Thursday (25/8) the acquisition of both Zambeasy Ltd, the owner of Top-Consultant.com and Office Recruit Ltd. the owner of officerecruit.co.uk. In a deal worth £4.1m, the two companies will join Jobsite, an online recruitment site, as part of ANV’s growing portfolio of recruitment sites.    The move follows the acquisition of Jobsite by DMGT in March 2004 for £35m and is a part of a larger strategy by the company to target     new markets, and in the long term, significantly extend site reach, capabilities and footprint across Europe. Under the new agreement, Top Consultant and Office Recruit will retain their brand names and strengthen the DMGT portfolio with an aim to provide a more specialised service for job hunters and recruiters.    Top-Consultant, the number one UK recruitment site for management consultants, was bought for £2.25m. The management team, led by Paul Chantry and Tony Restell, will continue to run the business as a     separate operation.    In a separate deal, Office Recruit Ltd, the owner of Officerecruit.co.uk and leading recruitment portal of the growing commercial sector was acquired for £1.85m. As with Top Consultant, the Office Recruit management team led by Jim Ryan and Lucien Sullivan will also run as a stand-alone business.    Both acquisitions follow the recent launch by Jobsite of three new niche sites for the pharmaceutical (emedcareers.co.uk), secretarial (secrecruit.co.uk) and     for jobs in Scotland (scotrecruit) part of Jobsite’s strategy to provide candidates and recruiters an expanded option of vacancies to choose from.    Andrew Hart, managing director, ANV, commented: “In the last year Jobsite has gone from strength to strength and it was our aim to find related profitable companies to sit within Jobsite as part of an expanding jobs division. Top Consultant and Office Recruit both present us with unique opportunities to realise this goal. We have watched both companies     and have been impressed by their management teams and site potential.”    Keith Potts, Managing Director of Jobsite said: “This acquisition fits into our overall strategy to increase market share by further benefiting candidates and recruiters. Top Consultant and Office Recruit are both reputable brands with impressive services which can only make our overall online recruitment offering stronger and further reinforce our leadership in the market.”

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