Transaction

Clearwater advises the shareholders and managers of Javelo on the sale to European HR tech leaders Sympa and Recruitee, backed by US fund PSG Equity

Transaction

Javelo sold to PSG Equity, Sympa and Recruitee

Sell-side

Undisclosed

Role

Adviser to Javelo’s shareholders, founders and managers on the sale to PSG Equity

Sector

Tech & Tech Services

Region

France & Belgium

Clearwater has advised the founders and the shareholders of Javelo on their strategic alliance with PSG-backed Sympa and Recruitee to deliver tools for HR leaders at the forefront of digitising their teams.

Headquartered in Paris and founded in 2016 by Anne-Sophie Vasseur-Clément, David Guillermain, Guillaume Berthault and Gautier Machelon, Javelo has developed a robust performance management platform to help businesses develop a strong feedback culture. Javelo has since become an innovator in the European performance management space, offering a wide spectrum of tools from evaluation and appraisal to employee engagement, 360-degree feedback, objective tracking, and employee surveys. Today, Javelo has three offices and counts companies such as Transavia, Protectas, Domino’s Pizza, and Manpower among its customers.

Together, Javelo, Sympa, and Recruitee will aim to provide a portfolio of leading software tools for HR teams in small, medium-sized and larger businesses across strategic HR, people management, employee engagement, recruitment, and performance management. With over 6,000 customers across Europe, the UK, and the US, the company has more than 400 employees and aspires to develop solutions for innovative HR leaders. Notable brands such as Red Bull Media House, Breitling, BMW, and TNT have engaged Javelo, Sympa, and Recruitee to help them to acquire high-quality talent, safeguard employee data, and empower teams to make better strategic decisions.

Javelo’s founding managers and management will stay in place to accelerate the company’s growth thanks to the investment support of PSG and the expertise of both Sympa and Recruitee.

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Javelo joining forces with Sympa and Recruitee marks the beginning of an exciting chapter. We believe that PSG’s investment validates the potential of our platform and our team in the market. Additionally, it is our view that the collaboration with Sympa and Recruitee augments our existing geographic reach and product focus and will allow us to continue delivering top results for our customers through cutting-edge HR tools.

Anne-Sophie Vasseur-Clément, CEO and co-founder, Javelo
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Congratulations to the team at Javelo for the product and team they have built. There continues to be tremendous opportunity in the HR software vertical, and we are excited to support Javelo, Sympa, and Recruitee on their journey.

Edward Hughes, Managing Director, PSG

Clearwater was honoured to accompany the shareholders and the management in this international alliance, which will constitute a leading European HR tech player.

Clearwater

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