Programmatic Job Advertising Provider Appcast acquired by Job Board StepStone

The StepStone group acquired 85 percent of the US-American company Appcast for EUR 70 million. Appcast CEO Chris Forman will continue to lead the company after the takeover.

StepStone is based in Berlin and is part of Axel Springer.identified as one of the largest job board operators in the world. With the acquisition, Axel Springer continues its growth strategy and further expands the StepStone group’s portfolio of intelligent recruiting and matching tools.