Shareholders of Talentsoft enter into exclusive negotiations with Cegid to create a French champion

We are thrilled to announce that our portfolio company Talentsoft has entered into exclusive negotiations with Cegid to create a French champion, a leader in the European market for Payroll and Human Resources Management solutions in the Cloud.

See the full press release below. Congrats to the team.

Paris, 12 April 2021 – Cegid, the specialist in business management solutions, plans to strengthen its position in the Payroll and Human Resources Management market with the proposed acquisition of Talentsoft, one of the key players in Cloud Talent Management solutions.

This major step will allow the new French entity to claim a European leadership position in this fast-growing sector and will pave the way for its expansion in both Europe and global markets.

Thanks to the excellence of its Human Capital Management software solution, which has rapidly become one of the European leaders, its user-centric approach and the unique know-how of its teams, Talentsoft has acquired 14 years of successful expertise serving 2,200 clients in France and in 130 countries.

The acquisition of Talentsoft will enable Cegid to expand its existing range with a Talent offer that is perfectly suited to the needs of SMEs and mid-market companies. With a presence in the Iberian Peninsula, North, Central and South America, this is also an opportunity to strengthen its international development, particularly through Talentsoft’s solid position in Northern Europe.

Read more: Talentsoft

Source: Talentsoft