Mindquest: A strategic move to boost talent identification with cutting-edge technology
Founded in 2014 as Club Freelance, Mindquest has grown into a leading tech-driven platform for freelance recruitment in IT and finance. Its expertise spans SAP consultants, developers, cybersecurity specialists, and financial experts. As an early adopter of AI in recruitment, Mindquest has optimised candidate qualification and client responsiveness. Leveraging proprietary algorithms, the platform can instantly match the most relevant talent to business needs.
With demand for qualified talent surging and recruitment cycles becoming shorter, Mindquest relies on a community of over 400,000 freelancers and a strong network of partners to offer highly responsive and tailored solutions.
Since 2020, Mindquest has expanded its services to support clients not only with freelance staffing but also with permanent IT and finance recruitment, addressing growing needs for long-term talent solutions.
Manuela and Thomas Delfort, Founders of Mindquest, commented:
« At Mindquest, we have always focused on technology and innovation to reshape IT and finance recruitment. Thanks to our AI matching algorithms and human-centric approach, we’ve built a high-performing and agile platform. Joining forces with Freeland allows us to go even further, combining expertise to deliver an even stronger offering to meet the challenges of both businesses and freelancers on a larger scale. »
With its personalised approach, Mindquest excels at identifying business needs, providing actionable advice, sourcing the right talent, and delivering turnkey recruitment solutions.
Generating €37 million in revenue and experiencing strong growth, Mindquest has established itself as a key and innovative player in its market, working with major corporations, mid-sized companies, and SMEs, whilst expanding its international footprint with offices in London, Barcelona, and Mauritius.
Patrick Levy-Waitz, President of Freeland Group, added:
« In a complex world where strong skills are in high demand, Freeland is committed to strengthening its position as a leading provider of services for businesses and independent professionals. Partnering with Mindquest was a natural step, welcomed by both Freeland and its shareholders. This acquisition opens up exciting new opportunities for the group’s growth in an ever-changing and fast-paced environment.”
Freeland: pursuing diversification to accelerate growth in France and across Europe
With this new acquisition reinforcing its leadership in freelance services, Freeland Group continues to drive its diversification and consolidation strategy which launched in 2019. As the market leader in France, Freeland offers a wide range of services tailored to the needs of independent talent and thousands of their business clients: staffing, matchmaking, employee recruitment, administrative management, umbrella company services, coaching, and training.
Forecasting nearly €500 million in revenue for 2025, Freeland Group, already profitable, is established as the market leader in France. The group continues to build services for its business clients as well as the nearly 4 million independent professionals across France, whilst also expanding its presence across Europe and internationally.
To further accelerate growth, Freeland is actively exploring new acquisition opportunities to expand and diversify its service offering, better meeting the growing needs of both freelancers and businesses.
Louis de Montille, Partner at MML Capital, said:
“MML is proud to support this latest acquisition, which will help Freeland Group fast-track its development and strengthen its position in the IT freelance sector. Freeland reaffirms its mission to be the leading platform in its market, offering clients an unmatched combination of expertise and services.”
Transaction Participants
Freeland: Patrick Levy-Waitz
Mindquest: Thomas Delfort
Advisors – Buy Side:
M&A Legal: Lawways – Hortense Rouvier, Laura Pallavicini, Ariane Baduel
Financial: Alvarez & Marsal – Donatien Chenu, Ahmed Hammi, Camille Peyre
Financing – BNP: Chrystelle El Jallad, Pascal Vilmard
Advisors – Sell Side:
Legal: Squire Patton Boggs – Arnaud Lafarge, Lilia Ammar, Dan Hassett, Eben Kurtz
Tax: Squire Patton Boggs – Charles Briand
M&A: PAX Corporate Finance – Sébastien Leleu, Erwan Laurandel, Théo Mounier, Robin Aquilina