BRIDGEPOINT invests in SKELLO

Bridgepoint Development Capital has announced an investment in Skello, a French provider of a human resources management platform dedicated to frontline teams. The transaction marks a new phase in Skello’s development, with Bridgepoint becoming a lead minority shareholder alongside the founders, management team and historical investors Partech and XAnge, which are also reinvesting in the company. The investment reflects Bridgepoint’s lower mid-market strategy of supporting fast-growing European technology companies with differentiated market positions. The firm will support Skello’s continued expansion across Europe, increased investment in technology and artificial intelligence capabilities, and the execution of targeted external growth initiatives. Founded in 2016, Skello develops a software platform designed to help businesses manage frontline teams more efficiently, covering workforce scheduling, administrative processes and daily operational management. The company has established itself as a leading player in the digitalisation of workforce management for operational teams across Europe. Through this partnership, Skello aims to accelerate several strategic priorities, including strengthening its position in existing markets, expanding internationally and broadening the capabilities of its platform. The company also plans to reinforce its teams across technology, product development and sales functions to support this next stage of growth. Bridgepoint will leverage its experience supporting European technology businesses to help Skello pursue its ambition of becoming a leading platform for frontline workforce management in Europe. The partnership combines Skello’s product expertise and market positioning with Bridgepoint’s resources and long-term investment approach to support the company’s future development.