Comatch acquisition: what does it mean for Malt freelancers?
6 major questions answered
In late March 2022, we announced the acquisition of Comatch, a curated marketplace for independent management consultants and industry experts.
Comatch is Europe’s leading consulting marketplace, having built a strong community of more than 15,000 top independent management consultants and industry experts. Since launching, the Berlin-headquartered marketplace has grown across nine markets with 130 full-time employees.
Here at Malt, we’re excited to bring Comatch onboard, adding renewed strength to our community of over 350,000 freelancers. As the largest freelancer community in Europe, we’re well positioned to offer Europe’s most comprehensive network of high-skilled freelancers and management consultants, making Malt the ideal partner for all business activities.
But we understand that for our freelancer community, the acquisition raises questions. And rightly so! In this article, we’ve highlighted and answered six major questions we’ve heard from our community over the last few weeks. Scroll down to read the answers or watch the replay of our Malt Community webinar, recorded on the 19th of April, 2022.
The goal for this acquisition is to build on the strengths of both Malt and Comatch to bring the best value for all our freelancers. Together, we will broaden and deepen our geographic footprint which already covers 11 distinct regions.
Our freelancer communities will remain separate for now. Having said that, we are already leveraging synergies in our approach to clients and planning ways we can bring the best of both worlds together. These synergies and the diversity of customers means that there will be more projects overall, and on a more diverse range of topics.
In the medium term, we’ll also be assessing where and how we can broaden our community benefits by sharing best practices, including on administrative & partnership services.
Since the two freelancer communities will be staying separate for the short and medium term, Malt freelancers will need to apply for a Comatch profile in order to be visible on both marketplaces.
At this point, it’s important to understand that there are some key differences in the ways the Malt and Comatch marketplaces are set up:
You can find more information about these criteria on the Comatch website at https://www.comatch.com/consultants.
The short answer is yes. And there are two possible pathways for this to happen:
Nothing changes in the way current Malt freelancers work with Malt. If you work as an experienced independent consultant though, and meet at least one of the criteria listed in answer to question two above, we encourage you to also apply to the Comatch community, in order to receive more opportunities relevant to your area of expertise.
For now, the Malt and Comatch marketplaces will not merge. We are currently looking into the specificities and synergies of the two products and marketplaces and assessing and planning for how to move forward with the “best of two worlds”.
While we’re not able to communicate our exact expansion plans at this stage, Malt’s ambition is to become the European leading freelance marketplace, with a strong presence in all major economies of Western Europe. One thing is for sure – we want to use Comatch’s footprint to accelerate and open the countries where Comatch is already present and Malt is not. These include the UK, Austria, Switzerland and the Nordics.