London, 20 July 2021 - Venero Capital Advisors acted as sole financial advisor to Jubiwee, a leading French employee engagement platform, in its acquisition by COYO, the leading European social intranet and employee communications platform. COYO is a portfolio company of Marlin Equity Partners. COYO is the 360° Employee Communications Platform that strengthens collaboration, motivation and culture in organizations. With the combination of a social intranet and a social employee app, companies reach all employees and actively support exchange. As a leading German provider of employee communications software headquartered in Hamburg, COYO offers companies an intuitive and centralized solution that makes it easy to reach all employees, improve internal communication and promote a culture of feedback. COYO allows a device- and location-independent communication channel for all company-relevant information and social exchange. From hospital operations to passenger transport COYO already has more than one million users at companies such as Ritter Sport, Deutsche Bahn, Asklepios and E.ON.
Jubiwee is a new generation People Analytics platform and a leader in France. It allows managers and HRs to track their team's morale in real time, identify topics that could lead to disengagement or turnover in their context, and provide targeted recommendations and services. Jubiwee was founded by Thibaud Martin, Victor Mustar, and Antoine Bellion, based on the observation that companies know their customers better than their employees. In 4 years, Jubiwee has deployed to 100k+ employees worldwide, in entities such as L'Oréal, Engie, SNCF and the French Government. Thibaud Martin, co-founder and CEO of Jubiwee, said: “Joining forces with COYO will allow Jubiwee to build an even more comprehensive offer in the employee engagement space and to accelerate our combined growth into this tremendously attractive market. We had a great working relationship with Venero throughout the transaction. Venero’s partners are experts in the sector and provided close support and dedicated advice from the very beginning all the way to completion.” George Galanopoulos, Partner at Venero stated: “We are delighted to have advised the founders of Jubiwee in this landmark deal for the employee experience segment in Europe. The combined entity is on the path to become the European leader in employee communications, with a true 360° offering focused on UX and UI excellence and above-market user adoption.” The deal represents another successful WorkTech transaction for Venero Capital Advisors, the only international corporate finance advisory firm focusing exclusively on HR Tech and the Future of Work. Enquiries For enquiries, please contact: George Galanopoulos, Partner, [email protected] About Venero Capital Advisors Venero Capital Advisors offers tailored and independent investment banking services to businesses operating in HR Tech and the Future of Work sector. Our client relationships are built and carefully maintained on trust, discretion and dedication. We combine in-depth industry expertise with market leading advisory skills – delivered within a highly confidential and unconflicted framework. For more information, please visit www.venerocapitaladvisors.com. To receive M&A and capital raising insights, deal announcements, research reports and news from Venero Capital Advisors, register here.
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