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02/2024

STA GROUPE acquired by FREELANCE.COM

FRANCE Professional Services / HR & Capital / Temp Work / Staffing REV 100M - 200M EUR

Context

Freelance.com acquire STA Groupe, a key reference in the French umbrella company sector. The operation is strategically timed following the acquisition of OpenWork, effectively propelling the combined group beyond the symbolic €1 billion revenue milestone within just three years of doubling its previous scale. The strategic rationale for the deal is rooted in the high complementarity between STA’s specialized IT and strategy consultant pool and Freelance.com’s extensive corporate client base. By integrating STA’s full-digital SaaS platform and its 40% year-over-year growth momentum, the acquirer significantly enhances its operational efficiency and service range for high-demand skills such as interim management and business expertise. The partnership is designed to ensure the long-term sustainability of the target’s model while leveraging the acquirer’s vast industrial resources to facilitate international scaling. This merger marks a major phase in the professionalization of the freelance economy, creating a powerhouse with nearly 15,000 active consultants.

By taking control of Sta Groupe, Freelance.Com continues its expansion strategy. Previously, the group had completed 2 acquisitions, including Openwork in 2023.

STA GROUPE, which reported an EBITDA margin of LOGIN in 2023, 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.

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Target

STA Groupe is a leading French provider of umbrella company services and high-end consulting intermediation. The group provides an innovative, full-digital SaaS platform designed to manage the administrative and social protection of highly qualified independent consultants, particularly those specialized in IT, strategy, and interim management. With a workforce of over 900 employees (salaried consultants) and a presence across the Île-de-France region, the group has demonstrated exceptional growth, reaching a significant scale in the domestic market. Its business model relies on highly competitive operational processes and ergonomic digital tools that streamline the relationship between freelancers and large corporate accounts. Strategically, STA Groupe positions itself as a premium partner for "Hauts potentiels" (high-potential talents), offering a high-touch service model combined with technological efficiency to ensure professional continuity for independent experts.

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Multiples

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Historical Financials (EUR)

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REFERENCES

Revenue range: 100M - 200M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of STA GROUPE by FREELANCE.COM 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: sta groupe