Keensight invests in Pixid
Keensight Capital has invested in Pixid, a French online management system for temporary work.
The deal saw Pixid reorganise its capital structure around its management team with the backing of Keensight.
Following the transaction, Keensight will support Pixid's growth plans, specifically its international expansion.
Company
Established in 2004 by recruitment firms Adecco France, Manpower France and Ranstad, Pixid provides an online system for managing temporary work.
Pixid's software-as-a-service enables users to manage their workforce needs through a platform that facilitates candidate screening, pay statements, contracts and invoices, and ensures current regulatory requirements are met.
The Paris- and London-based business counts a client base of 1,300 companies as well as 380 temporary employment agencies.
In 2014, Pixid entered a strategic partnership with US company Beeline.
People
Etienne Colella is president of Pixid. Jean-Michel Beghin is managing partner at Keensight.
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