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Proman announces merger with French temporary staffing platform Iziwork

05 September 2023

Proman, the fourth-largest staffing firm in France, announced it is merging with French digital temporary work platform Iziwork.

The merger between Proman and Iziwork should be finalised in the coming weeks. Proman will maintain the Iziwork brand and platform independence within the group. The merger will also see the retention of the entire workforce of Iziwork within Proman.

Proman will enable Iziwork to rapidly deploy its platform in the 16 countries it is active in today, across Europe and North America.

Founded in 2018 by Alexandre Dardy, Iziwork, based in France, also established itself in Italy in 2020. The company, achieved a turnover of €250 million in 2022 (up 70% compared to 2021). The company achieved profitability at the end of 2022 for its French activity and in the first quarter of 2023 for its Italian activity.

Iziwork employs 240 staff and offers candidates instant online access to thousands of temporary job vacancies.

Proman had annual French revenue of €1.76 billion in 2021 so it is interesting to see this deal with a business a seventh of its size positioned as a ‘merger’.

Roland Gomez, President of Proman, said, “Iziwork is an extremely rapidly growing technological gem.”

“This partnership is clearly the best of both worlds, physical and digital,” Gomez added. “Proman will provide Iziwork with the means, both financial and strategic, to deploy large scale in Europe and North America. Incidentally, the presence of Iziwork in Italy will allow us also to set foot in a new country. Our cultures are similar. They are based on a very strong desire for growth driven by close-knit and competent teams.”

Alexandre Dardy and Matthieu Cambournac, directors of Iziwork, said in a joint statement, “Proman teams have unparalleled agility, an entrepreneurial spirit and a culture of autonomy that resembles ours. Proman's governance is impressively clear and efficient, always based on decision-making that favours the long term. This merger will clearly give us the means to pursue and accelerate our project with a partner of choice.”