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M&A

QAPA

Acquired by

THE ADECCO GROUP

FRANCE Professional Services EV [1m EUR - 100m EUR] 09/2021

Target

QAPA

Acquirer

THE ADECCO GROUP

Context

Adecco acquired 100% of QAPA and planNED to immediately deploy a "state-of-the-art" 100% online solution to its client base. Strategically, this acquisition complements Adecco's physical network with a high-speed digital channel, intended to serve large key accounts requiring flexibility.

The transaction values QAPA at an EV/Revenue multiple of LOGIN.

This transaction is part of the Business Services industry, which currently tracks an average EBITDA multiple of 11.3x since the beginning of 2026, 1.3% increase compared to 2025. 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.

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Target

QAPA is a leading French digital staffing platform, often described as the "Uber of interim work." Launched in its current form in 2017 and a member of the French Tech 120 index, QAPA fully digitizes the recruitment process for temporary workers. It relies on proprietary Artificial Intelligence algorithms to match candidate CVs with mission offers in real-time via SMS and mobile app. The platform eliminates administrative paperwork through total digitalization. At the time of the deal, QAPA had a database of 4.5 million workers and served over 500 clients (from SMEs to large corporates), employing about 60 people.

Ent. Value

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Equity Value

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Multiples Analysis

EV / Revenue

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EV / EBITDA

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EV / EBIT

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Historical Financials (EUR)

Year
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EBITDA
EBIT
2021
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2020
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Other operations with QAPA

mynth data is contributed by M&A / PE professionals and systematically cross-verified against private deal documents and official releases. All source materials are destroyed post-validation to guarantee data anonymity and compliance.