fbpx

Cegid and Talentsoft officially join forces: ‘A creation of a French Tech powerhouse’

Software provider Cegid has officially announced its acquisition of cloud-based talent management solution Talentsoft. As the two join forces, a new French Tech powerhouse has been born in the realm of cloud-based payroll and HR management solutions.

Jasper Spanjaart on July 13, 2021 Average reading time: 3 min
Share this article:
Cegid and Talentsoft officially join forces: ‘A creation of a French Tech powerhouse’

With 11 million users in 130 countries, Talentsoft is the clear-cut European leader in Human Capital Management. With its open People@Work Platform, they help roughly 2200 customers worldwide accelerate their talent transformation journey. The company was founded 14 years ago in 2007 by Jean-Stéphane Arcis, Joël Bentolila and Alexandre Pachulski, who are each still involved high-up in the company. 

Now, the well-established company will join forces with and become a part of Cegid, a leading provider of cloud business management solutions for finance and payroll & talent management. Cegid, a HR tech unicorn, was founded in 1983 by renowned businessman Jean-Michel Aulas. They were one of the first companies to adopt and integrate cloud-tech into retail solutions. With more than 20 years of expertise, and an incredible 350,000 customers in the world — Cegid has amassed a hugely respectable portfolio 

‘A French Tech powerhouse’

The origins for both companies lay in France, with both Cegid and Talentsoft being founded by Frenchmen. Pascal Houillon, CEO of Cegid, is said to be delighted with the company’s fifth acquisition since the beginning of the year. “This major step for both companies will not only create a new French powerhouse but also a highly competitive European leader in a fast-growing sector — further accelerating our presence and category dominance in France, Europe, and the rest of the world”, he said in the official press statement.

“This major step for both companies will not only create a new French powerhouse but also a highly competitive European leader in a fast-growing sector.”

Together, the two companies will be responsible for more than 600 million euro’s in annual turnovers. “Our synergy will go well beyond that”, the companies add in their joint-statement. “The companies’ vision, brand strength, product portfolio performance, team expertise, culture of co-creation and entrepreneurship, and focus on cloud-based solutions (representing more than 80% of combined turnover) creates a powerful new opportunity to enter and conquer new markets.” The move will also see Talentsoft’s full 600 employee-strong team officially join Cegid, alongside its founders, Arcis, Bentolila and Pachulski.

Talentsoft recently became an official partner of ToTalent, Europe’s leading independent total talent acquisition platform. Interested in becoming a partner? Contact us directly.

Share this article:
Jasper Spanjaart

Jasper Spanjaart

Editor-in-Chief and Writer at ToTalent.eu
Editor-in-Chief and writer for European Total Talent Acquisition platform ToTalent.eu.
Watch full profile

Premium partners View all partners

Intelligence Group
Recruitment Tech
Werf&

Read the newsletter about total talent acquisition.