mynth
03/2024100%

Onestaff acquired by Proman

FRANCE Professional Services / HR & Capital / Temp Work / Staffing REV €25–50M

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 [members only] in 2024, is valued in this transaction at an EV/EBITDA multiple of [members only].

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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.

Ent. Value

[members only]

Equity Value

[members only]

Multiples

EV / Revenue

[members only]

EV / EBITDA

[members only]

EV / EBIT

[members only]

Historical Financials (EUR)

Year
Rev
EBITDA
EBIT
2024
€25–50M
[members only]
[members only]
2023
€25–50M
[members only]
[members only]

Other operations with Proman

Other operations with Proman
DateAcquirerTargetCountrySector
09/2025PROMANEMBARQFRANCETemp Work / Staffing

Similar deals in Professional Services

Similar deals in Professional Services
DateAcquirerTargetCountrySector
07/2024TELEMOS CAPITALPERMIANNORWAYAccounting & Audit
04/2024ABENEXEUROPA GROUPFRANCEMarketing & Events
03/2024ADIT (AGENCE POUR LA DIFFUSION DE L'INFORMATION TECHNOLOGIQUE)DEFENSE CONSEIL INTERNATIONAL (DCI)FRANCEConsulting & Audit
03/2024TRAIL CAPITALMARCADÉFRANCEMarketing & Events
03/2024CINVENALTER DOMUSLUXEMBOURGAccounting & Audit
03/2024HIG CAPITALSTRADAUNITED STATESHR & Capital
02/2024TORGHATTEN AQUAINAQNORWAYStrategy & Management
02/2024FREELANCE.COMSTA GROUPEFRANCETemp Work / Staffing
01/2024ANDERA PARTNERSMEOGROUPFRANCEConsulting & Audit
01/2024CHARTERHOUSETWO CIRCLESUNITED KINGDOMMarketing & Events

REFERENCES

Revenue range: REV €25–50M

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: This transaction was contributed by a verified mynth contributor and cross-checked against available transaction documents and official company communications.

Target: onestaff

FAQ

What transaction does this page cover?

This page covers Proman’s acquisition of 100% of Onestaff, a French company specialised in HR & Capital, in 2024.

What was Onestaff’s revenue at the time of the deal?

At the time of the transaction, Onestaff’s annual revenue was estimated within the €25–50M range (FY 2024). Detailed financial figures are available to members.

What sources support the information on this transaction?

Data on this transaction was compiled from the official corporate announcement published by the parties, combined with independent reporting from specialized financial and M&A publications.

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