Competentia, the global recruiting and workforce management specialist, today 
announced the acquisition of Dare, a leading professional recruitment and 
contract staffing agency with a 30 year history, expanding the company's 
footprint in the Asia Pacific region. The acquisition sees Competentia add 
Singapore to its expanding list of global office locations.

Photo - https://mma.prnewswire.com/media/1309625/Competentia.jpg

Dare's clients include blue chip companies in the oil & gas, mining, 
infrastructure, renewables and manufacturing industries. Originally established 
as a small recruitment agency in Perth in 1988, Dare's service offering 
expansion and success has been driven by organic growth. The company has 
provided skilled professionals at all levels of client organisations for 
domestic and international projects and has annual revenues of approximately 
270 MNOK. (US $28m)

Competentia was established in Norway in 1998, initially providing technical 
resources to the North Sea oil & gas industry and more recently moving into the 
mining, infrastructure, renewables, and technology sectors. The global company 
now has offices in Stavanger, Manchester, Paris, Qatar, Dubai, Calgary, 
Houston, Mozambique, Anchorage and Perth. It has annual revenues of 
approximately 1.2B MNOK (US $128m)

This acquisition significantly expands Competentia's presence in the Asia 
Pacific region by strengthening its long held presence in Australia and adding 
Singapore to their expanding list of global office locations. The move creates 
opportunities to increase market share in one of the world's busiest regions 
for project staffing in the engineering, construction, manufacturing and 
technology sectors.  

"This is an exciting time for everyone involved," said Jayden Wallis, CEO of 
Competentia. 

"We see the acquisition as an opportunity to further commit ourselves to the 
region, and to our belief that prospects for major projects in all of our key 
sectors are strong. We're expecting to see significant growth in the job market 
as we come out of the COVID pandemic, and we'll be positioned to help our 
clients and those looking for new opportunities to get back to work. With an 
increasing trend for flexible workforces in the global market, we want to be 
the preferred workforce solutions provider for contractors and clients, and 
this acquisition will help us increase our capability and scale to be such a 
provider in the APAC market. In addition to contractor headcount and revenue, 
we're bringing some really talented and capable people into our team, and we're 
looking forward to seeing all the things they will contribute to our clients 
and partners in the region."

Competentia's long term strategy focuses on the application of new technology, 
delivering the first significant changes to technical recruitment models in 
recent years. InnerCircle, a technology platform that brings peer referral to 
the center of the hiring process, is set for release in Q4. 

SOURCE  Competentia

Press inquiries: Norway, Asbjorn Lonning, CFO, asbjorn.lonning@competentia.com, 
+47 45 42 62 30; or Australia, Jayden Wallis, CEO, 
jayden.wallis@competentia.com, +61 412 594 464; or USA, Aaron Dowds, President, 
aaron.dowds@competentia.com, +1 (713) 397 5376