Advised Talentsoft, a leading European cloud-native talent management and learning software company, on its $50 million growth financing led by Francisco Partners
Jan 2019
growth investment by
$50 million
  • Sector: Application Software
  • Deal Type: Founder-led Businesses; Private and Growth Capital; Private Equity Deals
  • Engagement type: Fundraise
  • Size: $50 million
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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.

-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

-Talentsoft’s modular suite covers the entire talent management cycle, from recruitment to talent management, learning and core HR

-Founded in 2007, today Talentsoft employs 600 staff and generated $70 million in revenue and delivered 33% top-line growth in 2018

-Francisco Partners is a leading global private equity firm that specialises in investments in technology and technology-enabled businesses

-Since its launch over 18 years ago, Francisco Partners has raised over $14 billion in committed capital and invested in more than 200 technology companies, making it one of the most active and longstanding investors in the technology industry

-The firm invests in opportunities where its deep sector knowledge and operational expertise can help companies realise their full potential

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

-The growth strategy will be focused on three pillars:

-Acceleration of the company’s international development and expansion

-Investment in HR data management and employee experience innovations

-Pivot towards a platform open to external applications

-Arma 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

-Arma supported Talentsoft on variety of activities including the strategic positioning of the business, preparation of a detailed financial model and marketing materials, coordination of the diligence process and running a tailored process

-This transaction highlights Arma Partners’ deep sector expertise in HR and HCM software and successful track record with cloud-native enterprise SaaS clients