Acquisition strengthens Randstad’s offering and market position through increased digital presence and capabilities.
Randstad NV, the global leader in the HR services industry, announces that Randstad France intends to acquire Side, a leading end to end digital staffing platform in France.
Founded in 2016, Side are specialists in online recruitment, offering digital staffing solutions to over 2,000 customers, with 300,000 active candidates, primarily in the logistics, trade, and service sectors.
This acquisition would enable Randstad to strengthen its market position in the growing digital staffing market and lead to a strong extension of Randstad’s current portfolio as well as offer access to new opportunities for existing and potential clients. By doing so, Randstad takes another step forward in supporting more people and organizations in realizing their true potential by combining the power of today’s technology with our passion for people.
“The role of technology is becoming increasingly important in the world of HR services. In a tightening labor market, this acquisition would allow us to offer customers and talent a new solution to those looking for a fully digital experience. However, it is our shared values and the belief in the crucial role of the ‘human touch’ underpinned by technology which makes me excited to welcome their great people to our team.”
—Sander van ‘t Noordende, CEO
“This acquisition fuels our ambition to offer the best online staffing experience to candidates and businesses. It’s a great recognition of the strength of our team and our unique approach mixing cutting-edge technologies with high quality human touches. We’re looking forward to joining forces with the Randstad Group’s talented teams and combining our online user experience expertise with the world’s largest HR services provider.”
— Pierre Mugnier, Co-founder and CEO, Side
The transaction will now be presented to the applicable employee representative bodies and is expected to close in the coming weeks.