Advised Talentsoft, a leading European cloud-native talent management and learning software company, on its $50 million growth financing led by Francisco Partners
Arma Partners is pleased to announce that it has acted as exclusive financial advisor to Talentsoft in securing a $50 million growth financing led by Francisco Partners alongside existing investors Bpifrance and Goldman Sachs.
With 2,000 customers and 9 million users across 130 countries using the platform in 27 different languages, Talentsoft is the European leader in cloud-based talent management and learning software. Talentsoft’s solution optimises the employee experience and takes into account the cultural, linguistic and regulatory specifics of HR management across Europe. The new investment will be used to accelerate the company’s continued growth through innovation and international market expansion, reinforcing the company’s position as the European leader in HR Tech. Founded in 2007, today Talentsoft employs 600 staff and generated $70 million in revenue and delivered 33% top-line growth in 2018.
This transaction highlights Arma Partners’ deep sector expertise in HR and HCM software and successful track record with cloud-native enterprise SaaS clients. Over the last 3 years alone, Arma Partners have advised on 8 transactions in the HR Tech ecosystem worth over $10 billion in aggregate consideration at a revenue multiple just over 6.5x on average.