Target Information

Turenne Emergence has announced the divestiture of its stake in Humanskills, a consulting and recruitment firm specializing in digital services, data management, and product management. Founded in 2009 by Jean-Sébastien Hongre, Humanskills has rapidly grown to support major corporate clients and medium-sized enterprises. The company operates from multiple locations, including Paris, Lille, and Madrid, employing a workforce of 550 professionals.

Humanskills offers comprehensive expertise that aids clients in implementing their digital strategies, utilizing data effectively, and enhancing product management. Over the past five years, under the primary leveraged buyout led by Turenne Emergence and Capital Croissance, Humanskills has successfully executed five external growth transactions to expand its service offerings. The firm has also cultivated internal competencies in areas such as Recruitment Process Outsourcing (RPO), interim management, and corporate social responsibility (CSR), resulting in substantial revenue growth, which has nearly tripled between 2019 and 2023.

Industry Overview

The consulting and recruitment sector in France has experienced significant transformation, driven by technological advancements and the increasing importance of digital strategies. As businesses adapt to the changing market landscape, they increasingly rely on specialized consulting services that can provide tailored solutions to complex challenges.

This industry is characterized by intense competition, with many firms seeking to differentiate themselves through specialized expertise. Companies like Humanskills are at the forefront of this evolution, successfully navigating the dynamic demands of various sectors, including luxury, retail, financial services, cosmetics, media, and transportation.

Moreover, in response to the digitalization trend, there is a rising demand for data-driven insights, efficient product management processes, and comprehensive digital strategies. This shift presents a plethora of opportunities for consulting firms capable of delivering innovative solutions that address client needs effectively.

In light of these industry developments, consulting firms in France are well-positioned to capture growth and contribute to the ongoing digital transformation across diverse sectors. The demand for expertise in artificial intelligence, data management, and other emerging technologies is expected to continue its upward trajectory, stimulating further growth in the consulting industry.

Rationale Behind the Deal

The decision to sell Humanskills stems from a successful maturation period during which the firm has demonstrated robust growth and operational excellence. The competitive sale process, orchestrated by Cambon Partners, reflects the appeal of Humanskills as a promising investment opportunity in a thriving industry.

B&Capital will succeed Turenne Emergence and Capital Croissance alongside Jean-Sébastien Hongre and the management team, ensuring continuity in the company's strategic vision. This transition aims to maintain the momentum of growth while adapting to the evolving demands of digital transformation.

Investor Information

B&Capital is a prominent investment firm known for its focus on supporting high-potential companies in their growth journeys. With a deep understanding of the consulting and digital services sector, B&Capital is well-equipped to contribute to the continued success of Humanskills.

Under the new partnership, B&Capital will leverage its expertise to enhance Humanskills’ service offerings and operational capabilities, aiming to further strengthen its market presence and drive innovation in response to emerging trends in the consulting industry.

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The divestiture of Humanskills represents a strategic move for Turenne Emergence, showcasing the success of the firm’s growth plans over the past five years. The appointment of B&Capital aligns with the ongoing demand for innovative consulting services and positions Humanskills for further expansion.

The investment by B&Capital, coupled with the existing management team's strong track record, suggests that this transition could lead to sustained growth and market competitiveness. Humanskills is well-placed to capitalize on its established reputation and the increasing need for digital transformation expertise.

Furthermore, the continued emphasis on internal growth and the development of new competencies, as demonstrated by Humanskills, will be critical in maintaining its competitive edge. If B&Capital can effectively implement its strategic vision, the firm is likely to outperform industry growth rates in the coming years.

In conclusion, this deal marks a significant milestone for both Turenne Emergence and Humanskills. The transition to B&Capital promises new opportunities for innovation, making this a potentially strong investment for the future.

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