Magazine article Workforce Management

5 QUESTIONS for Derek Mercer

Magazine article Workforce Management

5 QUESTIONS for Derek Mercer

Article excerpt

Derek Mercer

CEO, Vurv Technology

If CEO Derek Mercer gets his way, this could be a big year for Vurv Technology. His goals for the Jacksonville, Florida-based talent management software provider: increase revenue to $50 million from $40 million; make two more acquisitions of $20 million or more apiece; and take the company public. He recently spoke to Workforce Management staff writer Gina Ruiz at the Vurv Revolution 2007 conference in Las Vegas.

Workforce Management: Some say it's only a matter of time before Vurv goes public. What pieces of the puzzle still need to fall into place before an IPO happens?

Derek Mercer: From an organizational point, we are already there-we have undergone some recent restructuring, we have a strong base of clients, and our balance sheet is solid. What we're doing now is working with the board of directors to identify potential acquisition targets to build more mass.

WM: There are rumors that Peopleclick is for sale. Would you ever vie for that company?

Mercer: If they were serious about selling themselves, we would take a look at them. We are not shy about going after companies, much like the way we went after Unicru, where we put in a bid. …

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