Septentrion Finance has advised on the sale of Talentview to Groupe Bodet (Kelio)
07/06/2023
Septentrion Finance has facilitated the transfer of TalentView to Groupe Bodet (Kelio)
Under an exclusive sale mandate entrusted to Septentrion Finance, the shareholders of TalentView — Louis André (President and Founder), as well as the investment funds IRD (Yves Eschenbrenner, Hervé Vanderhaegen), FINORPA (Adrien Fatibene, Jean-Louis Guerin), and several business angels from previous funding rounds — chose to join forces with Groupe Bodet, well known for its Kelio offering.
With this acquisition and the integration of TalentView’s 21 employees, Kelio is pursuing its growth strategy both in France and internationally.
The Participants:
Kelio is a major player in the development of software and hardware solutions for time management, human resources, payroll, and access control on an international scale.
With over 35 years of industry expertise, the company employs 520 people and reported revenues of €68.1 million in 2022.
TalentView develops an innovative ATS software (Applicant Tracking System) that will enrich Kelio’s comprehensive HR solution.
The Transaction:
The acquisition of TalentView enables Kelio to internalize the development of a suite of recruitment-focused software tools, addressing the strong market pressures caused by the shortage of qualified talent.
TalentView’s recruitment solutions streamline the candidate experience and provide robust HR strategy management metrics. Since its inception, its software platform has processed over 2 million applications. Key innovative features include multi-posting to around thirty job boards, centralization of applications regardless of source, CV database creation, automated candidate responses, daily tracking of recruitment KPIs, manager involvement in application follow-up, and more.
TalentView’s solutions also enhance employer branding by modernizing the recruitment process: video pitches allowing candidates to highlight their soft skills, career site creation, personalized job ads, etc.
Continuing its strategy, Kelio will integrate TalentView’s tools and services directly into its HRIS, Kelio V5. This system is centered around a digital employee file, the “Core HR,” which powers in real-time all HR processes within an organization: onboarding, contract management, job and skills management, career paths, time management, appraisals, training, and now recruitment.
Together, Kelio and TalentView are opening a new chapter in their shared history, focused on international growth and providing comprehensive HR support across all processes.
To accelerate TalentView’s growth, Louis André mandated Septentrion Finance to organize a partnership with a leading industry player. Following a competitive process, Kelio won over TalentView’s shareholders with its integration and development project, particularly on the international front.
The Kelio–TalentView partnership, initiated in 2021, is based on shared values and common growth ambitions.
“The Septentrion Finance team demonstrated a thorough understanding of our business and market with professionalism and rigor, delivering a high-quality presentation document. As true orchestrators of the competitive process, they helped us identify a quality partner and manage the entire sale process within the timeline we set together.” — Louis André, Founder and CEO of TalentView
The transaction was completed on May 31, 2023.
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Sell-side advisors:
- M&A: Septentrion Finance (Guillaume Dubois, Laurine Philbert, Pierre-Henry Martin)
- Legal: Bignon Lebray (Alexandre Ghesquière, François Vibert)
Buy-side advisors:
- Legal: Oillic Audrain Associés (Pascale Oillic)
- Due diligences: Crowe Becouze (Guillaume Saby, Julien Guegnard)