HeadHunter consolidates 100% of Edstein HRTech company

MOSCOW. Jan 9 (Interfax) - HeadHunter Group (HH) has assumed ownership of 100% of Edstein LLC that develops a system for personnel adaptation, assessment and training, as well as automation of the HR process.

Unified State Registry of Legal Entities (USRLE) data indicate that the asset consolidation deal occurred on December 28, with JSC HeadHunter Investment Company assuming 100% ownership in the company.

HeadHunter's press service has declined to comment.

Edstein became part of HH's HR ecosystem in 2022, when it was reported that the HH venture fund received 25% of the company, as well as an option to buy out control.

Edstein LLC was registered in 2017. The company boosted revenue 59% to 60 million rubles in 2023, and posted a loss of 51.5 million rubles.