Once known as RegionsJob, France's HelloWork has recently been making some moves in the industry with the new acquisition of Diplomeo for an unknown amount.
Founded back in 2012, Diplomeo offers a platform dedicated to guidance in the field of higher education, and the company claims it’s already supported 2.5 million students in France.
Hence, the acquisition will enable HelloWork to strengthen its operations to connect students/those of working age with HE institutions/training centres.
As a growing digital player in the French employment and recruitment sector, HelloWork was previously active in the ‘continuous education’ sector thanks to its MaFormation.fr contact platform.
The company has now decided to expand its operations and to turn its attention to the student guidance market with its buyout of Diplomeo.
The latter currently lists over 46,000 training courses in France and is used by over 28% of undergraduates every year. Diplomeo has been a profitable company since its inception, generating a turnover of €2.6 million in 2018 (with 45 employees).
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