Peoplebank Continues Growth with Gambit Acquisition

Growing IT recruitment company Peoplebank has continued its expansion with the acquisition of leading Adelaide IT recruiter Gambit Recruiting.

Gambit has a solid range of Adelaide-based clients, plus a couple of national preferred supplier contracts, which are serviced jointly with Peoplebank’s offices in the eastern states.
Gambit principal Phil Gamble said Gambit had also acted as Adelaide partner on some of Peoplebank’s national clients for some years, so the two businesses knew each other well.

The acquisition took effect on October 1, and makes Gambit the third IT recruitment business Peoplebank has bought in the last three years (DMA in 2001 and Leaders in IT in 2002). Peoplebank now has offices in Sydney, Melbourne, Brisbane and Adelaide.

Gambit was established in Adelaide in 1998, but its two principals, Phil Gamble and Andrew Sage have both been in recruiting for more than 15 years.

Gamble, who has known Peoplebank director Leon Lau for more than 20 years, will join the Peoplebank board.

Peoplebank will be taking on all Gambit staff, and the business will trade under the Peoplebank name.

Andrew Sage will work on a consulting basis for Peoplebank as well as on projects outside the recruitment industry.