Qapa acquired by 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.
Qapa, which reported an EBITDA margin of [members only] in 2021, is valued in this transaction at an EV/EBITDA multiple of [members only].
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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
€50–150M
Equity Value
[members only]
Multiples
EV / Revenue
1x–3x
EV / EBITDA
[members only]
EV / EBIT
[members only]
Historical Financials (EUR)
Other operations with The Adecco Group
| Date | Acquirer | Target | Country | Sector |
|---|---|---|---|---|
| 09/2021 | THE ADECCO GROUP | AKKA TECHNOLOGIES | FRANCE | Engineering & Consulting |
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REFERENCES
Valuation range: EV €50–150M
Revenue range: €25–50M
EV/Revenue range: 1x - 3x
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Authors: This transaction was contributed by a verified mynth contributor and cross-checked against available transaction documents and official company communications.
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