Alexandre Pham, President and Founder, announces the reorganization of the shareholding of Mistertemp’ group, the French leader in digital temporary staffing, with Andera Partners taking over from Montefiore Investment alongside the group’s management team. 

Established in 2009 and based in Paris, Mistertemp’ group provides a multichannel offer of HR services (temporary work and recruitment) in France and in Europe. The group initiated a radical change to its market based on an approach combining a network of local franchised agencies with an innovative proprietary digital platform. In a context of scarcity of qualified profiles, its technology, which relies on generative AI, has enabled the securing of 2.6 million candidates. 

Mistertemp’ group distinguishes itself with an extremely attractive offer to its franchisees: for an initial personal contribution of €25,000, a franchisee generates an average yearly turnover of €2.5M. With thirty new agencies each year, the group now has 200 agencies in France and 10 in Italy. Since Montefiore’s investment in 2017, Mistertemp’ group’s annual business volume has grown by 25% per annum, reaching €420M in 2023. 

Through its Lynx RH brands for support functions, engineering and IT, Aquila RH for industry, logistics and BTP and Vitalis Medical for health professionals, more than 60,000 people thus work for 12,000 small-and medium-sized company and large account clients. For around thirty large account clients, Mistertemp’ group has specifically implemented its “Digital Onsite” offer which combines the strength of its digital tools with the physical presence of HR experts of the Mistertemp’ group on the large sites of its clients. 

The group now seeks to exceed €1Bn in business volume by 2028, by rolling out networks throughout French and Italian territories and expanding across new countries such as Germany and Spain, as well as reinforcing its digital platform. 

Alexandre Pham, President of Mistertemp’ group, declares: 

“After six years of exceptional support from the Montefiore team, we are excited to embark on a new chapter with Andera. In this next phase, we will continue to pursue our internationalisation objectives, as we replicate our model that synergizes the robustness of our digital tools with the local engagement of entrepreneurs. Our aim is to emerge as one of the leading European entities in the coming years”. 

Henri Topiol, Partner, Montefiore Investment, adds: “We are very proud to have partnered with Mistertemp’ group and its managers during this remarkable development phase in which the company became the leader of digital temp’ staffing in France, while asserting its social commitment. Mistertemp’ has remarkable 

assets to continue growing in France and internationally: we wish the team the greatest success”. François-Xavier Mauron and Sylvain Charignon, Partners, Andera Partners, comment: “We are very happy to join Alexandre Pham and his management team in this new development cycle. Mistertemp’ group perfectly illustrates Andera MidCap’s investment strategy: an experienced and ambitious management team which effectively carries out its group’s change of scale both in France and internationally, thanks to a unique and scalable phygital business model. We will specifically support the group in its international development by means of external growth”. 

Advisors and Counsel to shareholders of Mistertemp’ group

Montefiore Investment: Jean-Marc Espalioux, Henri Topiol, Hugo Maillot, Pauline Mordrel Corporate Counsel: Willkie Farr & Gallagher (Grégory de Saxcé, Sarah Bibas, Faustine Mazza, Maud Boukhris)
M&A Advisor: Lazard (Charles Andrez, Raoul Mansour, Franck Aboulker)
Legal, Corporate and Tax Due Diligence: KPMG Avocats (Franck Bernauer, Mathieu Gautier, Olivier Masi, Christine Piault, Delphine Gilles, Sofia Loria, Morgane Delelis)
Financial Due Diligence: KPMG (Vincent Delmas, Sahar Jilal)
Commercial and Strategic Due Diligence: BCG (Benjamin Entraygues, Florian Kahn, Alia Marrakchi, Victoria Metivier, Constant Morez) IT Due Diligence: Endava (Calum Kennedy, Tessa Claes, David Wicks)

Management Advisors and Counsel 

Transactions & Company: Frédéric Bos, Krystel Bassil, Marylène Coupeau
Corporate and Tax Counsel: Jeausserand Audouard (Antoine Dufrane, Juliette Ritouret, Jean Mazen, Carole Furst, Anaëlle Stein)

Advisors and Counsel to Andera Partners 

Andera Partners: François-Xavier Mauron, Sylvain Charignon, Etienne Rossignol, Juliette Rivière
Corporate Counsel and Legal, Corporate and Tax Due Diligence: McDermott Will & Emery (Henri Pieyre de Mandiargues, Stanislas Offroy, Julien-Pierre Tannoury, Luana Bijaoui, Antoine Vergnat, Fanny Le Pogam, Pierre-Arnoux Mayoly, Shirin Deyhim, Frédéric Pradelles, Mary Hecht, Naré Arshakyan, Hélène Adda, Mai Matsubara)
M&A Advisor: Sycomore Corporate Finance (Tristan Dupont, Renaud Zaegel), Natixis Partners (Driss Mernissi, Denis Vidalinc), Clipperton (Thibaut Revel), Etxe Finance (Romain Petit)
Financial Due Diligence: Oderis (Thomas Claverie, Andoni Balaguer, Margaux Chabre, Quentin Legrix de La Salle)
Commercial and Strategic Due Diligence: Eleven Strategy (Maxime Caro, Nicolas Farinacci, Youssef Hantous, Mamoun Alaoui)
ESG Due Diligence: Eleven Strategy (Maxime Caro, Marie Lemoine, Pierre-Alain Chapel)
IT Due Diligence: Akvize (Mickael Maindron, Eric Ceyral, Adrien Della Gaspera) 

Financing 

Tikehau: Cécile Levi, Aymeric Martin, Mélanie Curatola
Advisor to Tikehau: Paul Hastings (Tereza Courmont-Vlkova, Olivier Vermeulen, David Albertini, Charles Filleux-Pommerol, Laetitia Mingarelli) 

Established in 2009, Mistertemp’ group is a leader in the interim sector connecting a network of more than 200 agencies in France through the power of a digital tool. In order to enhance market liquidity without destabilizing it, the objective of the company is to digitize and revolutionize the interim sector while maintaining a human link and strong support. It fosters growth and change of skills of companies by offering to its 12,000 clients and 2,600,000 candidates flexibility in research and responsiveness in employment. The teams thus secure the daily employment of 8,500 people. 

https://www.mistertemp-group.com 

Mistertemp’ Group Contact:
Marie-Laetitia Brunet
Director of Marketing and Communications
+33 (0)6 52 14 26 30
ml.brunet@mistertemp-group.com 

Created over 20 years ago, Andera Partners is a major player in private company investments in France and internationally. Its teams manage nearly €4Bn in investments in life sciences (Andera Life Sciences), growth and buyout capital (Andera MidCap, Andera Expansion/Croissance, Andera Co-Invest), sponsorless transactions (Andera Acto) and infrastructure environmental transition (Andera Infra). 

Andera Partners’ mission is to work alongside companies and their managers to support them in achieving strong and sustainable growth. The quality of performance offered to our investors relies on a strong partnership between the entrepreneurs in our portfolio companies and our teams, based on shared values. Performance through collective engagement, the “Power of And”, constitutes Andera Partners’ DNA. 

Based in Paris, with offices in Antwerp, Milan and Munich, Andera Partners is wholly owned by its teams, which count nearly 115 professionals, of which 69 investment professionals. It is structured as a partnership and managed by a board of 12 partners.