Pixid Group, a leading European provider of temporary workforce management software, has announced its agreement to acquire VectorVMS, a US-based vendor management system (VMS) technology leader. The acquisition is supported by Keensight Capital, a prominent private equity firm specializing in pan-European Growth Buyout investments.

VectorVMS, headquartered in Raleigh, North Carolina, offers innovative vendor management software to corporate clients and managed services providers (MSPs). The company serves over 100 customers globally, with a strong presence in the US, particularly in the healthcare, finance, and government sectors.

Pixid Group provides scalable and cost-effective solutions for managing external workforces through its cloud-based technology. The acquisition aims to position Pixid as a global leader in the VMS market by combining VectorVMS’s mid-market expertise in the US with Pixid’s advanced VMS and ATS technology. This merger will create a comprehensive global solution, enabling the companies to meet the diverse needs of organizations of all sizes.

Etienne Colella, President of Pixid Group, expressed excitement about the acquisition, highlighting VectorVMS’s ability to deliver robust solutions simply and effectively. Marc Husain, Managing Director of VectorVMS, echoed this sentiment, emphasizing the shared passion for developing extended workforce solutions and driving innovation.

Arjan Hannink, Partner at Keensight Capital, also expressed support for the acquisition, noting the strategic rationale and the potential for the combined company to deliver market-leading workforce solutions globally.

Pixid Group, with a 20-year history, specializes in digitalizing recruitment and management of flexible workforces. The company supports thousands of businesses across Europe and the USA, managing over 11 billion euros annually. VectorVMS, known for its configurable platform, provides organizations with visibility and efficiency in managing contingent labor programs.

Keensight Capital, with over 20 years of experience, focuses on investing in profitable companies with high growth potential in the Technology and Healthcare sectors. The firm has been recognized with multiple awards for its success in the private equity industry.

For more information, visit Pixid Group at www.pixid.com, VectorVMS at www.vectorvms.com, and Keensight Capital at www.keensightcapital.com.