Restructuring events
European Restructuring Monitor (ERM)
The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Pennylane, a French-based accounting fintech, is planning to recruit 250 employees in Saint-Germain-en-Laye by the end of 2025. The company raised 75 million euros with the participation of its investors. The objective is to accelerate the deployment of its integrated solution before the electronic invoicing reform comes into effect in September 2026. The firm wants to impose itself as a standard of this market, and its success is explained by its all-in-one software that combines financial management, business accounts, accounting production, and PDP (Partner Dematerialization Platform) infrastructure.
Their previous large restructuring in the ERM database registered the creation of 100 jobs in 2020Pennylane 2020 - FR
Eurofound (2025), Pennylane, Business expansion in France, factsheet number 202581, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/202581.