Bryan, Garnier & Co has successfully completed a €11m equity funding for Jobpartners, a UK-based provider of Talent Management solutions

Bryan, Garnier & Co has successfully completed a €11m equity funding for Jobpartners, a UK-based provider of Talent Management solutions

News published on June Monday 2, 2008
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Paris, June 2nd, 2008 - Bryan, Garnier & Co (www.bryangarnier.com), a pan-European independent
investment bank focusing on growth companies, today announced that its Corporate Finance
Department had successfully led the placement of a €11m third round of equity financing for
Jobpartners (www.jobpartners.com). Bryan, Garnier acted as sole placement agent to Jobpartners’
management and shareholders. This operation allowed Jobpartners to attract 2 new venture capital
investors: SGAM Alternative Investments and CM-CIC Capital Privé. The operation also allowed
two existing investors (I-Source Gestion and Gilde IT) to demonstrate their continued support, by
re-investing in the company.
The funding will be used to accelerate Jobpartners’ growth across new regions, and to help the
company continue to innovate and develop cutting-edge Talent Management solutions to add to its
current portfolio. It will also help the company take advantage of the strong growth and intense
consolidation phase expected in the Human Capital Management market over the coming years -
already illustrated by significant transactions such as the IPO of SuccessFactors in November 2007,
and the acquisitions of Vurv by Taleo, Brassring by Kenexa, ExecuTrack and i-Grasp by Stepstone.
Prior to this fundraising, Bryan, Garnier & Co already led a €18m round of venture capital raising for
Jobpartners in 2001. Gregoire Revenu, Managing Director at Bryan, Garnier & Co, commented: “We
saw Jobpartners in 2001 as one of the most promising European SaaS (Software as a Service)
providers of Talent Management solutions. The company has a pioneering vision of the sector and
has also proven its ability to execute a significant and sustainable growth. This new fundraising,
achieved in adverse market conditions for the investor’s community, is a new demonstration of our
commitment to assist our clients at each stage of their development, in all aspects of their Corporate
Finance strategic issues, from private placement, M&A advisory, through to public offerings or
equity-linked placements.”
A new transaction in Application Software, involving a pure-play SaaS vendor this time
Following the sale of Infolog Solutions to Generix and the sale of Orsyp to Argos Soditic and its
Management through a LMBO already completed earlier in 2008, this transaction confirms Bryan,
Garnier & Co’ status as a leading investment bank in the area of Technology, and particularly in
Application Software. Jobpartners was one of the first applications providers in Europe to
implement a Software-as-a-Service (SaaS) business model since inception. This model, which
provides vendors with strong visibility and a steady flow of recurring revenues, is expected to gain
widespread adoption over the coming years. Bryan, Garnier & Co is therefore very proud to be part
of the emergence and strong development of such a dynamic and innovating company as
Jobpartners.
Bryan, Garnier & Co confirms its unique know-how in private placements
This operation underlines Bryan, Garnier & Co’s leading position in the syndication of later stage
private placements for Technology companies in Europe. Since 1998, Bryan, Garnier & Co
successfully led more than 30 private placements, raising several hundreds of millions of Euros.
Bryan, Garnier & Co is one of the very few investment banks in Europe to take part in this activity,
which requires a deep understanding of emerging technologies, strong advisory skills and a very solid
grasp of the private equity industry, as a strategic practice within its Corporate Finance. To this end,
Bryan, Garnier has developed a unique know-how in the management of private placements thanks
to a team that brings together experienced investment bankers and former venture capitalists.
Xavier Marchioni, CEO of Jobpartners, declared: “We worked for several months with Bryan
Garnier, in the context of capital market instability. We evaluated various alternative scenarios to
select the most appropriate financing for the company. Bryan Garnier’s solid commitment at each
stage of the process and its large scope of financing solutions, from private placements to public
equity financing as enabled us to seize the most adequate financing structure.”
For further information please contact 
Grégoire Revenu, Managing Partner / +33 1 56 68 75 20 / grevenu@bryangarnier.com
Guillaume Durao, Principal / +33 1 56 68 75 27 / gdurao@bryangarnier.com

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