Freelance.com SA completed the acquisition of Coworkees.
March 07, 2021
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Freelance.com SA (ENXTPA:ALFRE) entered into an agreement to acquire Coworkees on January 22, 2021. The acquisition will be carried out in Freelance.com shares. The transaction will be finanlized in March 2021. Globalscope Partners Limited acted as financial advisor to the company.
Freelance.com SA (ENXTPA:ALFRE) completed the acquisition of Coworkees for €2.1 million on March 8, 2021. Freelance.com issued 0.49 million shares for the benefit of Coworkees shareholders. Julie Huguet remains Chief Executive Officer of Coworkees. David Malcoiffe of Bird & Bird acted as legal advisor for Coworkees shareholders. Me Jean-David Zerdoun acted as advisor for Freelance.com SA. Globalscope Partners Limited acted as financial advisor to the company.
Freelance.com specializes in providing intellectual services to large businesses, small and medium-sized businesses, and independent entrepreneurs. Net sales break down by activity as follows:
- free-lance service (52.6%): services provided in the fields of computers (information system development and implementation, network architecture configuration, integration of ERP solutions, Internet technology design and implementation), consulting, marketing, communication and formation via almost 4,500 independent consultants and more network. Moreover, Freelance.com develops operates an automated marketplace intended to connect computer service providers (computer service companies, consulting firms, etc.) with each other in order to optimize the management of their contracts with each other;
- salary contracting (47%): the group offers independent workers the possibility of obtaining employee status, taking complete charge of their administrative, tax, legal, and corporate affairs;
- other (0.4%).
FREELANCE.COM 
