TalentSoft, a leading European provider of SaaS-based Talent Management solutions announced that it has signed a definitive agreement to merge with Peoplexs. Based in The Netherlands, Peoplexs is a SaaS technology supplier that offers agile recruitment solutions.
This merger immediately creates the European leader in the SaaS-based Talent Management market with 250 employees, 100 developers, more than 600 customers, and an integrated solution for recruiting, competency management, performance management and learning.
TalentSoft’s merger with Peoplexs significantly increases its ability to serve customers Europe-wide with the immediate addition of subsidiaries in Denmark, Switzerland and The Netherlands. TalentSoft now has a direct sales or services presence in ten countries.
This merger emphasizes both Peoplexs and TalentSoft’s commitment to serving customers on a global scale and gives birth to a pure player alternative with more innovation and flexibility.
“We have been impressed by the capabilities of the Peoplexs team to develop significant market presence in the very competitive SaaS recruiting solutions market” said Jean-Stéphane Arcis, CEO of TalentSoft, “With our track record in Talent Management, and Peoplexs experienced team, we will continue to leverage our knowledge of European complexity to deliver Talent Management best practices to decentralized global organizations.”
“Peoplexs and TalentSoft teams share the same passion for Talent Management, the same commitment to customer success and the same innovation-focused company culture” said Frank Oddens, CEO of Peoplexs. “Joining Talentsoft is a fantastic opportunity for our teams to offer a fresh, innovative, and alternative to the heavier and costlier solutions offered in the market.”
“The merger with Peoplexs accelerates TalentSoft’s growth towards critical mass and pan-European presence” says Bo Lykkegaard, Research Director, European Enterprise Applications at IDC, the premier global market intelligence firm. “This deal will strengthen TalentSoft’s position as a major player in the European Talent Management market, as rated in IDC’s recent European Integrated Talent Management MarketScape, and will boost TalentSoft’s ability to win new multinational customers headquartered in Benelux, Scandinavia, Germany, Switzerland as well as France.”
|Key facts and figures TalentSoft· 35% growth in 2013
· Financing round of €15 million in September 2013 with Highland Capital Partners Europe and Bpifrance
· Ranked 3rd fastest growing software company in Europe by Deloitte Technology EMEA Fast 500
· Expected revenues for 2014: €25 millions
· 250 employees – 600+ customers
· Offices in 10 countries: Belgium, Denmark, France, Germany, Sweden, Switzerland, The Netherlands, United-Kingdom, Singapore, United-States (Atlanta)