mynth
10/2025

TEAMSYSTEM takes majority stake in SELLSY

FRANCE Software / CRM & Sales REV 5M - 25M EUR

Context

PSG Equity has divested its majority stake in Sellsy, a French SaaS company, to Italian firm TeamSystem after a three-year holding period. This transaction marks the exit of PSG Equity and the entry of a new shareholder, TeamSystem, which aims to expand its offerings internationally, particularly in Europe. The deal will enable Sellsy to leverage TeamSystem's resources and expertise to accelerate its growth and strengthen its position in the enterprise management solutions market. TeamSystem's strategy is to continue developing Sellsy as a standalone company, maintaining the Sellsy brand and retaining the current management team, led by Victor Douek. This approach will allow Sellsy to preserve its identity and autonomy while benefiting from TeamSystem's support and resources. The acquisition is expected to be a strategic move for TeamSystem, enabling it to broaden its portfolio of enterprise management solutions and increase its presence in the European market.

It is worth noting that the fund Psg Equity took control of Sellsy through an LBO in 2022.

SELLSY, which reported an EBITDA margin of in 2023, is valued in this transaction at an EV/EBITDA multiple of , a level to compare with the average currently observed in the TMT (Tech, Media, Telecom) sector (15.1x).

-> Deep-dive in TMT (Tech, Media, Telecom) market trends

Target

Sellsy is a French SaaS company founded in 2009, offering a comprehensive business management solution, including a CRM system, electronic invoicing, treasury management, accounting, and marketing automation, all enhanced with artificial intelligence tools, grouped in its Lead-to-Cash offering, enabling companies to efficiently manage their business processes, Sellsy has experienced a strong acceleration phase, combining sustained organic growth and three structuring acquisitions, allowing its internationalization, including the acquisition of the Spanish company Kippu, RocketChaet, and SendEthic, and has 23,000 customers and 180 employees spread across France and Spain.

Ent. Value

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (EUR)

Year
Rev
EBITDA
EBIT
2023
2022

Other operations with SELLSY

List of similar M&A transactions (Date, Acquirer, Target, Country, Sub-sector)
DateAcquirerTargetCountrySector
01/2022PSG EQUITYSELLSYFRANCECRM & Sales

REFERENCES

Revenue range: 5M - 25M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of SELLSY by TEAMSYSTEM 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.

Press release: view release

Target: sellsy

Acquirer: teamsystem