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zvoove acquires French VMS provider DirectSkills

26 April 2024

The zvoove Group, a Germany-based provider of SaaS (software as a service) solutions for personnel (including temporary and permanent staff) announced the acquisition of DirectSkills, a provider of external workforce management solutions for the French temporary staffing industry.

This marks zvoove's first strategic acquisition in France.

Financial details were not disclosed.

DirectSkills is a VMS provider in France.

zvoove stated,“With the acquisition of DirectSkills, zvoove is extending its reach into the French market, showcasing its commitment to providing comprehensive staffing solutions throughout Europe.”

With their solutions, DirectSkills' customers, including Auchan, Daher, Eiffage, GEODIS, and STEF, manage around 300,000 temporary workers annually and process approximately €2 billion in payroll through DirectSkills' platform. DirectSkills' software solution, predicated on its self-billing and self-invoicing functionalities, digitises and automizes key processes between corporate customers and their temporary staffing suppliers.

DirectSkills views this acquisition as a catalyst for growth and market expansion.

CEO and Founder, Francois Chauvin, said, “Becoming a part of zvoove represents a significant opportunity for us to accelerate our growth and enhance our service offerings. We believe that partnering with the number one software vendor in the temporary staffing market in Europe will enable us to reach new heights and deliver exceptional value to our clients, within France and beyond."

zvoove said the acquisition reflects the group’s strategic vision to strengthen its position as a prominent player in the French market while providing DirectSkills with the resources and support needed to fuel its growth ambitions. “This strategic move once again reaffirms zvoove's commitment to driving innovation and delivering unparalleled solutions to the global temporary staffing industry,” the company added.