CAPZA Acquires Minority Stake in Beetween in Primary LBO

CAPZA, a European private equity firm, has acquired a minority stake in Beetween, a leading European applicant tracking system (ATS) and recruitment platform, alongside co-founders Christophe Dacre-Wright and Philippe de Rosnay in a primary LBO transaction.

Beetween’s modular platform supports the entire recruitment lifecycle — from job postings and candidate sourcing to interview coordination, evaluation, and onboarding — from a single interface. The group serves over 1,500 clients and 40,000 daily users across Europe, with strong positions in France and Italy, and integrates with more than 200 job boards as well as leading HRIS and CRM systems. Since 2021, Beetween has combined organic growth with a successful buy-and-build strategy, completing four acquisitions to strengthen its position as a leading ATS consolidation platform across Europe.

CAPZA’s investment will support Beetween’s next phase of development, including an active M&A strategy, expanded European footprint, and acceleration of AI functionalities.

IMAP France acted as financial advisor to the sellers on the transaction.