{"id":11246,"date":"2024-12-12T09:00:00","date_gmt":"2024-12-12T14:00:00","guid":{"rendered":"https:\/\/www.pixid-vms.com\/us\/?p=11246"},"modified":"2025-01-13T13:39:11","modified_gmt":"2025-01-13T18:39:11","slug":"pixid-group-acquisition-thematchbox","status":"publish","type":"post","link":"https:\/\/www.pixid-vms.com\/us\/blog\/pixid-group-acquisition-thematchbox\/","title":{"rendered":"Pixid Group acquires theMatchBox in Belgium"},"content":{"rendered":"<div style=\"margin-top: 0px; margin-bottom: 0px;\" class=\"sharethis-inline-share-buttons\" ><\/div>\n<h1 class=\"wp-block-heading titre-article\">Pixid Group strengthens its global VMS and Contingent Workforce Management Solutions with the acquisition of theMatchBox<\/h1>\n\n\n\n<p>We\u2019re excited to announce that Pixid Group, the parent company of Pixid VMS, has expanded its HR technology portfolio with the acquisition of theMatchBox, an AI-powered search and match company based in Belgium. This acquisition strengthens our global Vendor Management System (VMS) and contingent workforce management solutions, which are available across the US and Europe . It also enhances the advanced tools we already provide through Pixid VMS for managing external workforces on an international scale.<\/p>\n\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<figure class=\"wp-block-image aligncenter size-full\"><img decoding=\"async\" src=\"https:\/\/www.pixid-vms.com\/wp-content\/uploads\/2024\/12\/pixidgroup-acquisition-thematchbox.jpg\" alt=\"\" class=\"wp-image-11256\" \/><\/figure>\n\n\n\n<div style=\"height:30px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n<div class=\"texte-article\">\n<p>theMatchBox\u2019s expertise in AI-driven recruitment technology boosts Pixid Group\u2019s AI competence center and accelerates our AI innovation journey. With this integration, we\u2019ll deliver even more powerful, data-driven solutions that streamline external workforce management and drive productivity for our clients.<\/p>\n<p>With Pixid VMS already operating globally, this acquisition strengthens our ability to serve organizations worldwide, offering cutting-edge technology to optimize external workforce management.<\/p>\n<p>We\u2019re thrilled to welcome theMatchBox team to the Pixid family and look forward to continuing our global mission of growth and innovation.<\/p>\n<p>Read the full press release below for more details.<\/p>\n<h2>Press Release<\/h2>\n<p><strong>Paris, December 12, 2024 \u2013 Pixid Group (\u201cPixid\u201d), the leading global provider of temporary workforce management software solutions, today announces the acquisition of theMatchBox, an Artificial Intelligence (\u201cAI\u201d) search and match company. The acquisition was supported by Keensight Capital (\u201cKeensight\u201d), one of the leading private equity managers dedicated to pan-European Growth Buyout <sup><a href=\"#ftn2\">[1]<\/a><\/sup> investments.<\/strong><\/p>\n<p>Based in Belgium, theMatchBox specializes in AI-driven recruitment solutions, matching candidates to roles using an advanced proprietary technology stack. Supporting 9 languages, the company serves over 100 active customers across Europe, including in Belgium, the Netherlands, France, Italy, and Germany, while recently launching new initiatives in the US, Austria, and Portugal. theMatchBox integrates APIs and custom-built tools to streamline recruitment, enhancing candidate selection, cutting time-to-hire, and boosting productivity. This positions theMatchBox as the leading partner in AI-powered searching and matching, trusted by the HR ecosystem and some of the largest staffing agencies in Europe. The company works across its network to empower customers to digitally transform their businesses and maximise the use of AI to support their growth strategies.<\/p>\n<p>Pixid offers innovative software solutions that enable clients to efficiently manage their external workforce through a simple, scalable and cost-effective platform. As a pioneer in digital HR, Pixid connects all stakeholders in the temporary workforce value chain via an end-to-end cloud-based technology, providing seamless integration across a comprehensive ecosystem of technology partners and delivering a reliable and holistic talent acquisition solution.<\/p>\n<p>theMatchBox will continue to operate as an independent business within the Pixid Group, complementing its AI competence center. The company will further accelerate Pixid\u2019s AI strategy, paving the way for the next generation of customer-focused solutions. Additionally, theMatchBox plans to expand its client base in existing markets while entering new ones, bringing AI enabled search to a broader global audience.<\/p>\n<blockquote>\n<p><strong>Etienne Colella, President of Pixid Group<\/strong> commented: \u201cWe are delighted to welcome theMatchBox team to the Pixid Group. The company\u2019s expertise in AI enabled search and match services will accelerate the wider Group\u2019s product development. And as part of Pixid, theMatchBox will gain strategic and business development support as it grows its customer base and expands internationally.\u201d<\/p>\n<p><strong>Jan Govaerts, CEO of theMatchBox<\/strong>, added: \u201cPixid is a leading player in HR tech, and has grown significantly in recent years based on its continuous innovation and commitment to delivering cutting-edge workforce management solutions. We share Pixid\u2019s ambition of setting new benchmarks for efficiency, scalability, and security in the workforce management industry and are delighted to be joining the Group and working together to maximise the potential of AI for the benefit of all our customers.&#8221;<\/p>\n<p><strong>Arjan Hannink, Partner at Keensight Capital<\/strong>, concluded: \u201cWe have been impressed by theMatchBox team\u2019s exceptional professionalism and expertise. Leveraging cutting-edge house capabilities, they have developed a highly compelling value proposition. This acquisition further strengthens the HR-tech value proposition Pixid brings to its clients in Europe and the US.\u201d<\/p>\n<\/blockquote>\n<p id=\"ftn2\">[1] Growth Buyout: investment in profitable, private companies experiencing strong growth, in minority or majority positions, with or without leverage, using a flexible approach tailored to the needs of individual entrepreneurs, in order to finance organic growth projects, acquisition strategies or provide historic shareholders with liquidity.<\/p>\n<p style=\"text-align: center\"><em>***<\/em><\/p>\n<h3>About Pixid Group<\/h3>\n<p>Pixid Group is a global leader in cloud-based solutions that transform the recruitment and management of the flexible workforce. For over 20 years, Pixid\u2019s pure SaaS platform has empowered businesses of all sizes\u2014across Europe and North America\u2014to streamline temporary staffing as well as permanent and fixed-term contracts, internships, and apprenticeships. Serving thousands of companies worldwide, Pixid manages a workforce spend exceeding $14 billion annually. With nearly 280 employees across offices in Paris, Rotterdam, London, Antwerp, and the US, Pixid provides innovative, scalable tools that drive efficiency and growth in talent management.<br \/><a href=\"http:\/\/www.pixid.com\" target=\"_blank\" rel=\"noopener\">www.pixid.com<\/a><\/p>\n<h3>About theMatchBox<\/h3>\n<p>theMatchBox is a Belgian AI scale-up specializing in advanced search and matching technologies for the HR industry. Since 2015, theMatchBox has been at the forefront of AI innovation, developing cutting-edge solutions that streamline candidate sourcing and matching processes. By integrating a wide range of AI technologies, theMatchBox enables HR teams to automate workflows, enhance recruiting efficiency, and deliver high-quality results. Trusted by clients across 9 European countries, theMatchBox\u2019s technology helps organizations uncover top talent and discover new opportunities, while saving time and optimizing operations.<br \/><a href=\"http:\/\/www.thematchbox.ai\" target=\"_blank\" rel=\"noopener\">www.thematchbox.ai<\/a><\/p>\n<h3>About Keensight Capital<\/h3>\n<p>Keensight Capital (\u201cKeensight\u201d), one of the leading European Growth Buyout firms, is committed to supporting entrepreneurs as they implement their growth strategies. With over 25 years of experience and $5.5bn of assets under management, Keensight Capital\u2019s team of seasoned professionals leverages their differentiated private equity experience to invest in profitably growing companies generating revenues in the range of $10 million to $400 million. Drawing on its expertise in the Technology and Healthcare sectors, Keensight identifies the best investment opportunities in Europe and works closely with the management teams providing capital, strategic guidance and operational support. Keensight operates in more than 90 countries across the globe with a presence in Paris, London, Boston, and Singapore.<br \/><a href=\"http:\/\/www.keensight.com\" target=\"_blank\" rel=\"noopener\">www.keensight.com<\/a><a href=\"#_ftnref1\" name=\"_ftn1\"><\/a><\/p>\n<\/div>\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>We\u2019re excited to announce that Pixid Group, the parent company of Pixid VMS, has expanded its HR technology portfolio with the acquisition of theMatchBox [\u2026]<\/p>\n","protected":false},"author":9,"featured_media":11270,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[16],"tags":[],"class_list":["post-11246","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - 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