Cooptalis raises $108 million and becomes Anywr group to accelerate its growth

by

Sophie Lavergne

Cooptalis raises $108 million and becomes Anywr group to accelerate its growth

The group is embarking on a new phase of its development plan, equipping itself to tackle the talent shortage faced by businesses

Montréal, June 14, 2022Leading international recruitment and job mobility operator Cooptalis has announced that it has raised $108 million in a new funding round, the company's biggest to date. In this round, Cooptalis has partnered with Naxicap Partners and previous investor Eurazeo. To support this change in strategic orientation, its international ambitions, and its digital acceleration, Cooptalis has also decided to rename the group "Anywr." 

An international rapid deployment leader 

Following double-digit growth since it launched in 2013, the Anywr group, originating from France, is now present in 16 countries, including in Canada, with offices in Montréal, Toronto and Western Canada.  It relies on a national presence of nearly 300 local experts and a worldwide network of over 500 partners.  After multiple transactions in 2019, including the acquisition of Fleur de Lys Relocation, a Quebec-based relocation company founded in 2012, the group continued its growth in 2021 and 2022. As a result, Anywr has expanded its recruitment and mobility operations across Spain, Switzerland, India and China. To date, 30,000 talented professionals have changed their working lives using the group's services. 

 

Clients who appreciate the quality of a 360° HR offering  

Anywr has already worked with over 4,000 large and medium-sized businesses by being the only player to offer and rapidly combine all employment statuses (permanent contract, self-employment, consulting, interim, remote work, etc.), all mobility catalysts (immigration, relocation, tax regulations, schools, etc.), and an extensive training catalogue (technology, languages, culture, etc.). As a result, it can adapt its talent selection to client emergencies in sectors seeing significant shortages (IT, pharmaceutical, medical, manufacturing, etc.). This unique package and a focus on excellent service, the human touch and the power of digital are the group's strengths, which have made it successful. 

 

Focus on digital 

The Anywr group has recently intensified its deployment of digital services for recruitment and mobility with three specialist recruitment platforms (Izyfreelance, anywr.io and anywr.life), plus a platform for outsourcing (Izyportage). Since 2022, Anywr has offered subscriptions to its premium digital recruitment and mobility services through Anywr Pack. In May 2022, Anywr launched the first ethical CV-posting platform, with over 100,000 talented professionals registered in its communities. 

 

 The arrival of the investment fund Naxicap 

This fundraising is part of Anywr’s reorganisation around Naxicap Partners, alongside the historical investor Eurazeo.  This new investment will allow Anywr to continue its global expansion strategy and carry out its development plan with three strategic foundations: internationalisation, strengthening of the group's historical businesses and acceleration of new internal digital projects. The group aims to turn over $135 million in 2022, employ 1000 staff worldwide by January 2023 and turn over $540 million in 2024. 

 According to group founder and CEO Olivier Desurmont: "This new funding is a real vote of confidence in the Anywr group's strategy and positioning. We have been present in Canada for three years in Quebec and recently in Ontario and Alberta. We intend to strengthen our presence, especially in the Maritimes and on the West Coast. We are set to accelerate the implementation of our strategic plan by consolidating our international deployment, particularly through external growth. We also plan to strengthen our unique position on the market with our 360° HR recruitment and mobility services and our talent training options. We also have the chance to develop, in a secure way, the structure of our organisation to make the most of the opportunities offered by the gigantic market in front of us." 

 

We want to balance the basic human need for local care and expertise with our global digital services thereby offering robust solutions for our customer's varying needs, adds Pascale Brochu-James, Vice President, Canadian Business Development. In this regard, the recent opening of our offices in Toronto, a market where the need is great, is a demonstration of our desire to get closer to our clients who do business there and to the talent who move there. Anywr's approach is deeply human-centred and we place great emphasis on accessibility to contribute to a most positive experience for talent." 

 

Anywr: a new brand ready to tackle international and digital challenges 

The group has chosen Anywr as its new name to reflect its international digital flavour and universal calling. The change was introduced for some services a year ago with the launch of its talent applications and the anywr.io and anywr.life platforms, which have made the brand known in numerous countries. Anywr is short for the tagline "Anywork, Anyway, Anywhere, Enabler." "Anywr" takes the sound of “enabler”, referring to the one who makes it possible to bring companies and talented professionals together where others may be cowed by the obstacles this entails.  

"We want to be seen as a responsible global company, and above all as a provider of innovative solutions in a context where talent is increasingly pushing for flexibility," explains Olivier Desurmont. "With the pressure on recruitment set to further increase in shortage countries, national solutions will be needed. But they won’t be enough. Anywr's international, flexible and innovative approach opens up a world of possibilities to help employers rise to the challenges they face.

 

Find out more: anywr-group.com 

 

 

Anywr Advisers
Vendor Due Diligence : IterAxon (Nicolas Bayle)
Mergers and acquisitions and business bankers: Klecha & Co. (Stéphane Klecha) 

Legal advice: Hogan Lovells  

 

Eurazeo Advisers
Gide Loyrette Nouel (Pierre Karpik) 

 

Nexicap Partners Advisers 

Financial audit: Exelmans (Oceane Lambert and Manuel Manas) 
Legal advice: Edge (Claire Baufine-Ducrocq)
Tax advice: Keels (Laurent Partouche) 

 

About Anywr  

Since 2012, Anywr has been recruiting and supporting talent mobility for businesses worldwide. The company helps businesses struggling to quickly find rare talent and supports talent with job mobility and professional flexibility. The group has a unique market position thanks to its comprehensive recruitment and headhunting HR solutions via a wide range of employment status (direct recruitment, digital services companies, self-employment, outsourcing), mobility solutions (immigration, relocation, and taxation) and training. With 23 agencies in 16 countries, Anywr has an expert local presence and a worldwide talent pool. Over 4000 companies have already worked with Anywr, and 30,000 talented professionals have changed their lives using its services.  Driven by its values—engagement, diversity, boldness, and pleasure—Anywr is an innovative and responsible digital company that is committed to its communities and leverages its expertise and solutions to carry out projects in the fields of social integration and diversity. Find out more: http://anywr-group.com/. Read our latest news: https://www.anywr-group.com/fr/blog

 

 

About Eurazeo 

Eurazeo is a leading global investment company, with a diversified portfolio of $43 billion in assets under management, including nearly $31 billion from third parties, invested in 530 companies. With its considerable private equity, venture capital, private debt as well as real estate and infrastructure asset expertise, Eurazeo accompanies companies of all sizes, supporting their development through the commitment of its nearly 360 professionals and by offering deep sector expertise, a gateway to global markets, and a responsible and stable foothold for transformational growth. Its solid institutional and family shareholder base, robust financial structure free of structural debt, and flexible investment horizon enable Eurazeo to support its companies over the long term. 
Eurazeo has offices in Paris, New York, London, Frankfurt, Berlin, Milan, Madrid, Luxembourg, Shanghai, Seoul, Singapore and Sao Paulo.  

Eurazeo is listed on Euronext Paris.  

 

About Naxicap 

As one of the top private equity firms in France, Naxicap Partners, an affiliate of Natixis Investment Managers, has $4,1 billion in assets under management. As a committed, responsible investor, Naxicap Partners builds solid, constructive partnerships with entrepreneurs so that their projects can succeed. The firm has 58 investment professionals spread across five offices in Paris, Lyon, Toulouse, Nantes and Frankfurt. For more information, visit www.naxicap.fr/en 

 

 

 

 

Press Contact 

 Olivia Hardrick, Coordinator, Zone franche 
T : 1 514 317-5715 
C : 1 514 607-3608 

ohardrick@zonefrancherp.com  

Sophie Lavergne

by Sophie Lavergne