Myskillcamp acquires the French start-up Domoscio - Companies

Myskillcamp acquires the French start-up Domoscio – Companies

This acquisition should support the strong growth of the Belgian e-learning specialist, which should be profitable within two years.

The founders of Myskillcamp, an e-learning company based in Tournai, have always had an international eye. Very early on, they welcomed British investors (the Convictions fund) in addition to the classics LeanSquare and Wapinvest. Last year, it was the American fund Riverside which arrived, as well as the Flemish group Mediahuis, on the occasion of a fundraising of 12 million euros. “If I had known that less than a year later we were going to make our first acquisition, I would have tried to raise more…

The founders of Myskillcamp, an e-learning company based in Tournai, have always had an international eye. Very early on, they welcomed British investors (the Convictions fund) in addition to the classics LeanSquare and Wapinvest. Last year, it was the American fund Riverside which arrived, as well as the Flemish group Mediahuis, on the occasion of a fundraising of 12 million euros. “If I had known that less than a year later, we were going to make our first acquisition, I would have tried to raise more money”, smiles Kevin Tillier, CEO and co-founder of Myskillcamp. This acquisition is international since t concerns the French company Domoscio, which employs around fifteen people and generates sales of nearly 1 million euros. To complete the operation, the Tournai start-up was able to count on the contribution of the Walloon Region, through Sofinex, as well as on the advice of Beyond Law Firm and Thomas Daenen. Since 2013, Myskillcamp has been developing a platform providing companies with a catalog of more than 300,000 training courses for their employees. The arrival of Domoscio, a specialist in artificial intelligence applied to training, will help to individualize these training courses, and therefore make them a priori more relevant. “With the extent of our catalog, people don’t always know where to start, explains Kevin Tillier. Domoscio’s skills will help assess everyone’s level and guide them towards the most suitable content.” However, it is not only technological; there is a sort of alignment of the stars. Myskillcamp was to recruit about fifteen people and the workforce of Domoscio corresponds to the profiles sought, starting with that of Benoit Praly, CEO of Domoscio, who will become “product manager” at Myskillcamp. “We generate half of our turnover in France and now have a base in Paris, adds Kevin Tillier. This takeover shows the French market that we are investing in France. profitable box with some fine clients, such as SNCF or L’Oréal.” For its part, Myskillcamp displays clients such as Randstad, Decathlon, Thalys or Sodexo and, we hear, discussions are well advanced with other big names. The company expects a 2022 turnover of between five and six million euros. The trajectory foresees a break even for 2024. It currently employs 66 people and should reach 90 jobs (the 15 of Domoscio included) by the end of the year.

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