Freelance.com Expands Reach with PRIUM Acquisition

Freelance.com (FR:ALFRE) has released an update.

Freelance.com has solidified its status in the freelance industry with the strategic acquisition of PRIUM group, a significant French umbrella company boasting a €56 million turnover in 2023. This move follows two other successful integrations and is expected to deliver substantial economies of scale, improving the group’s market competitiveness while preserving operational margins. The acquisition, funded through equity capital, aligns with Freelance.com’s development strategy and enhances its management and services for independent professionals.

For further insights into FR:ALFRE stock, check out TipRanks’ Stock Analysis page.