France-based Pixid Group announced on 12 December the acquisition of theMatchBox, a search and match company.

Pixid is a vendor management system that operates in Europe and is majority owned by Keensight Capital, a European Growth Buyout investor. The acquisition was supported by Keensight Capital.

Based in Belgium, theMatchBox specialises in AI-driven recruitment solutions, matching candidates to roles using an advanced proprietary technology stack. Supporting nine languages, the company serves over 100 active customers across Europe, including Belgium, the Netherlands, France, Italy and Germany, while recently launching new initiatives in the US, Austria and Portugal.

The company integrates APIs (application programming interface) and custom-built tools to streamline recruitment, enhancing candidate selection, cutting time to hire and boosting productivity. 

Following the acquisition, theMatchBox will continue to operate as an independent business within the Pixid Group, complementing its AI competence centre. The company will further accelerate Pixid’s AI strategy, paving the way for the next generation of customer-focused solutions.

Moreover, theMatchBox aims to grow its client base in current markets and break into new ones, extending the reach of its AI-enabled search to a wider global audience.

Etienne Colella, president of Pixid Group, said in a press release, “We are delighted to welcome theMatchBox team to the Pixid Group. The company’s expertise in AI-enabled search and match services will accelerate the wider Group’s product development. And as part of Pixid, theMatchBox will gain strategic and business development support as it grows its customer base and expands internationally.”

Jan Govaerts, CEO of theMatchBox, added, “Pixid 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’s 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.”

Arjan Hannink, partner at Keensight Capital, said,“We have been impressed by theMatchBox team’s 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.”

Terms of the transaction were not disclosed. SIA reached out to Pixid for further comment.

Earlier this year, Pixid Group announced the acquisition of VectorVMS from London-based Learning Technologies Group.