Docebo acquires 365Talents for $54.6-million (U.S.)

Executive Summary

• Docebo Inc. has acquired all issued and outstanding shares of 365Talents, a France-based AI-powered skills intelligence and workforce analytics company.
• The acquisition aims to integrate 365Talents' AI-driven skills intelligence with Docebo's learning platform to automate the detection and closure of skill gaps through targeted learning and workforce actions.
• The transaction involves approximately $54.6 million in cash consideration, plus up to $5.1 million in contingent earn-out payments, financed via cash on hand and existing credit facilities.

Key Details

• Transaction Structure: Acquisition of 100% of issued and outstanding shares of 365Talents.
• Consideration:
  • Base cash consideration: Approximately $54.6 million (U.S.).
  • Contingent earn-out: Up to $5.1 million (U.S.), payable upon achievement of specific financial milestones.
• Financing: Funded through a combination of cash on hand and borrowings under Docebo’s existing credit facility.
• Strategic Rationale:
  • Embed skills intelligence directly into learning workflows.
  • Enable detection and automatic addressing of skill gaps via learning and talent actions tied to business needs.
  • Create an "AI-native" way to manage skills from detection to development to deployment.
• Operational Impact:
  • Docebo will maintain the 365Talents brand.
  • Progressive integration of the two platforms to create a seamless product experience.
  • 365Talents leadership team will continue to lead the business.
  • Both companies will continue to support customers as usual.
• Financial Expectations: Docebo expects 365Talents to generate approximately $9 million (U.S.) in revenue from the period following closing until December 31, 2026.
• Target Company Profile: 365Talents applies autonomous agents and machine learning to map, infer, and manage skills across the workforce. Key enterprise customers include Veolia, Credit Agricole, and Societe Generale.

Notable Quotes

• Alessio Artuffo, President and CEO of Docebo: "In today's economy, skills only matter if they can be used... By bringing 365Talents into Docebo, we're using AI agents to turn skills into a living capability that drives learning, career mobility and work force decisions in real time."
• Loic Michel, CEO of 365Talents: "Joining Docebo allows us to connect skills and talent intelligence directly to learning at enterprise scale. Together, we're building a platform that focuses on enterprise market customers... and allows them to understand what skills they have, develop the ones they need next and adapt as work continues to change."