HelloWork receives €50 million to strengthen its platform in Europe

HelloWork, one of the main French players in employment, recruitment and training, has not known the crisis at a time when companies are struggling to recruit, certain professions from construction to cyber are strained and the number of training courses on offer is increasing. In fact, the results published by the Rennes group this week increased by 33% to 94 million euros.

For this subsidiary of the Télégramme press group, revenue growth of €23 million ends in 2022, which is higher than initial targets and a more sustainable pace than in 2021 (+ €20 million).

Having doubled all its indicators (order volume, number of contacts between candidates and recruiters, number of employees, etc.), the group is currently among the top five digital players in Europe for employment and recruitment.

It announces that it will have an investment potential of 50 million euros to strengthen itself in Europe, especially in the field of human resources.

At least four purchases in four years

Hi Ish offers a wide range of offers and companies and supports all professionals with solutions covering various recruitment channels. We want to strengthen our status as European champions ” wishes its founding president Jérôme Ambruster.

“Over the next four years, we will acquire more significant companies in human resources (HR Tech) and HR solutions for employees (HR software, training), as well as in education (EdTech) in France. then in Europe,” he adds. Francois Leverger, Group CEO.

At least four acquisitions are planned, including access to orientation and training.

This foreign growth strategy, launched in 2018, has already been realized through targeted acquisitions Joby Joba (aggregator of job offers in Germany, Great Britain and France), Diploma (guidance and training), Seekube (work familiarization) and basil (co-option).

With an investment of 30 million euros, these four brands accounted for 22% of the orders registered by the HelloWork group in 2022.

Thus, JobiJoba has more than 1 million Europeans every month and experienced more than 100% growth internationally last year.

In 2022, 1 million jobs were found, 8 million vacancies were distributed

In terms of results for its services, HelloWork shows that in 2022 its employment and recruitment platform helped more than 1 million people find or change jobs in 2022.

“30 million applications were sent and 40 million CVs were consulted. This represents a 52% increase in candidate-recruiter connections compared to 2021. More than 8 million job offers have been sent and more than 40,000 employers use HelloWork services daily (job offers, CV search, employer branding) ” calculates the company benefiting from the orientation of the labor market and the strong concentration of the sector.

Management and training: employment factors

Beyond the first job at the end of high school or studies, HelloWork is proud to support French people throughout their professional lives and help them acquire new skills.

In 2022, more than 1 million people chose their orientation or training thanks to the MaFormation platforms and the Diplomeo group reminds.

More than a hundred local authorities (Nice-Côte-d’Azur urban area, Indre et Loire department) and parapublic organizations (OPCO Mobilités, Gers CCI, etc.) are also equipped with the SmartForum solution deployed around white-label platforms.

While HelloWork acts as an intermediary between employers and candidates, the 470-employee company is also hiring to scale.

More than 150 new employees are due to join this year, with 280 in Rennes, 120 in Paris, 40 in Bordeaux and 30 in the regions, mostly in commercial, technical/product or marketing functions.