Astorg Partners
 
INVESTMENTS
 

Webhelp
Webhelp
  • Investment date : June 2007
  • Transaction size (Enterprise Value) : 100-300€m
  • Industry : Professional Services
  • Activity : Outsourced CRM services
  • Previous Majority Shareholder : LBO Fund
  • Status : In portfolio
  • Fund : Astorg III
Webhelp in short
Created in 2000, Webhelp is the leader in the management of French-speaking offshore call centers. Innovative player in the customer relation market, Webhelp combines the services of a call center with a multi-channel (telephone, chat, call back, SMS, email, fax and letters) and multi-service offer (pre-sale, sale, after-sale, customer support, etc.).

Webhelp has 7,000 employees, spread between Morocco, France and Romania. It gained significant market share of the French-speaking call center market in record time thanks to its proactive and innovative strategy.

The Webhelp opportunity as seen by Astorg Partners
• Positioned on the most promising segments of the customer-management outsourcing market: ambitious projects for added-value incoming calls and “offshore” outsourcing.

• High entry barriers: critical size, negotiating skills to deal with the large French corporate groups, know-how in HR management and disciplined execution of highly specific processes in order to industrialize the provision of service with a very low defect rate.

• Business model that is flexible, profitable and not capital intensive.

• High quality operational management with a proven track record of proactive and innovative initiatives conferring Webhelp a “first mover” advantage and the ability to boost the company development in new market segments with higher added value.

 Webhelp
« In 2005 we were able to check that the Astorg-team members understood our business quickly and thoroughly. At the beginning of 2007 thanks to their reactivity and know how they could put together quickly and discretely a deal that met our requirements.
After the transaction was completed they took the time to meet with Webhelp executives and thus reinforce their knowledge and understanding of our business. This was appreciated by the Webhelp executives they met and contributed in improving the quality of our exchanges. We also had a chance to appreciate their contribution to added-value creation in identifying and reviewing external growth opportunities.
»
Olivier Duha and Frederic Jousset, co-presidents of Webhelp

More information on Webhelp
http://www.webhelp.fr/

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