Freelance.com has announced the signature of a synallagmatic agreement with a view to acquiring STA Groupe, a company specializing in freelance administration and connecting highly-qualified consultants with companies.
This merger will enable Freelance to strengthen its range of services, while helping to consolidate the freelance administration market in France. The acquisition, which will be made in cash, is scheduled to take place in early January 2024.
After 86 million euros in 2022, STA expects to achieve strong sales growth in the current financial year. The new entity will generate combined sales of over €1 billion in 2023.
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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:
- salary contracting (50.7%): the group offers independent workers the possibility of obtaining employee status, taking complete charge of their administrative, tax, legal, and corporate affairs;
- free-lance service (48.9%): 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 more than 150,000 independent consultants. 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;
- other (0.4%).
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Investor
Investor
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Global
Global
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