At what enterprise value was ONESTAFF acquired in 2024?

You can find the full valuation details of ONESTAFF on mynth capital. By registering for free, you get access to complete and exact transaction details including enterprise value, revenue, and EBITDA. Additionally, our database shows that the Business Services industry currently tracks an average EBITDA multiple of 10.9x, providing a valuable benchmark for this transaction.

What was the EV/EBITDA of ONESTAFF when it was acquired by PROMAN?

The exact EV/EBITDA multiple for ONESTAFF is available on mynth capital. For comparison, the Business Services sector currently shows an average EBITDA multiple of 10.9x. Join our community for free to access full valuation data and industry trends.

When was ONESTAFF acquired by PROMAN?

ONESTAFF was acquired by PROMAN in 2024.

What was the revenue of ONESTAFF at the time of the deal?

The revenue of ONESTAFF at the time of the deal is estimated to be in the range of 25M - 50M EUR. Register for free to access the full transaction report and exact valuation multiples.

What is Enterprise Value (EV)?

Enterprise Value (EV) is a measure of a company's total value, often used as a more comprehensive alternative to equity market capitalization. EV includes in its calculation the market capitalization of a company but also short-term and long-term debt as well as any cash on the company's balance sheet.

What is the EV/EBITDA multiple and why is it used?

The EV/EBITDA multiple is a financial ratio that compares a company's Enterprise Value (EV) to its Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA). It is widely used in M&A and valuation because it allows for comparisons between companies with different capital structures and provides a clear view of operational profitability.

How is the data for the ONESTAFF acquisition sourced and is it reliable?

Mynth data is contributed by a professional community of M&A and Private Equity experts. Each transaction, including the ONESTAFF deal, is systematically cross-verified by our team using private deal documents and official sources. You can also find the official press release for this transaction here: https://www.proman-emploi.fr/blog/le-groupe-proman-elargit-son-offre-de-solutions-rh-avec-onestaff-

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03/2024

ONESTAFF acquired by PROMAN

FRANCE Professional Services / HR & Capital / Temp Work / Staffing REV 25M - 50M EUR

Context

PROMAN has completed the acquisition of the French startup Onestaff. This transaction marks the group's second major digital acquisition within a year, following the integration of the online agency Iziwork. The strategic rationale for the deal is to bridge the gap between traditional temporary staffing and the burgeoning freelance economy. By integrating Onestaff’s AI-driven matching technology and its database of 60,000 independent professionals, PROMAN can now offer corporate clients a seamless choice between temporary employment contracts and freelance service agreements. The deal is particularly significant given Onestaff's resilience, having secured its legal standing after a five-year judicial procedure, and its recent pivot to profitability. For PROMAN, the partnership provides an immediate foothold in the retail, beauty, and events sectors with a scalable, low-overhead digital model. This move highlights a broader trend among European staffing giants to "buy rather than build" digital capabilities, ensuring they remain relevant to a workforce increasingly seeking flexibility and digital-first interactions.

ONESTAFF, which reported an EBITDA margin of LOGIN in 2024, is valued in this transaction at an EV/EBITDA multiple of LOGIN, a level to compare with the average currently observed in the Business Services sector (10.9x).

Note that this data is based on contribution from our growing community, composed of M&A and Private Equity professionals, and has been verified by our team to ensure its accuracy.

-> Deep-dive in Business Services market trends

Target

Onestaff is a 100% digital platform specializing in the on-demand connection of specialized freelancers with corporate clients. Originally focused on the hospitality and catering sectors, the company expanded its scope to include beauty, fashion, retail, and events. The platform leverages proprietary Artificial Intelligence tools to validate the skills of independent workers and optimize matching with specific corporate profiles. With a community of 60,000 connected freelancers and 10,000 corporate clients, Onestaff provides a streamlined, tech-enabled alternative to traditional staffing. After successfully navigating a long-term legal battle regarding the legitimacy of its business model (2017–2022), the startup achieved profitability in 2021. Strategically, it addresses the modern "gig economy" by offering high-quality, flexible labor solutions for sectors facing significant staffing fluctuations.

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2023

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01/2024	CHARTERHOUSE	TWO CIRCLES	UNITED KINGDOM	Professional Services	This majority buyout transaction shifts the institutional control of Two Circles from Bruin Capital to Charterhouse Capital Partners, in a deal structured to ensure total management continuity through a significant equity reinvestment by the current leadership team led by co-founder and CEO Gareth Balch
08/2023	FREELANCE.COM	OPENWORK	FRANCE	Professional Services	The acquisition of OpenWork allows Freelance.com to absorb one of its most innovative competitors, effectively merging OpenWork’s digital-first platform with Freelance.com’s large-scale institutional reach
06/2022	BAIN CAPITAL	HOUSE OF HR	BELGIUM	Professional Services	Bain Capital Private Equity acquired a 55% majority stake in House of HR from the French private equity firm Naxicap Partners. This transaction concludes a decade-long value creation cycle during which the group’s revenue exploded from €330 million to €2

REFERENCES

Revenue range: 25M - 50M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of ONESTAFF by PROMAN are reserved for mynth community members. Register for free to unlock full data.

Authors: verified mynth contributor (mynth data is contributed by M&A / PE professionals and systematically cross-verified with private deal documents and official press releases).

Target: onestaff

Acquirer: proman