E-assessment platform Ixly received an investment from training institute Schouten & Nelissen with IT investor Pride Capital Partners as strategic partner in this transaction. Ixly will continue as an independent organisation. Hogenhouck m&a advised the owner of Ixly in this transaction.
Ixly was founded in 2005 by CEO Diddo van Zand and has become a market leader in e-assessments and software that support HR professionals. With the capital injection from Schouten & Nelissen and Pride Capital Partners, Ixly is ready for the next step. Ixly has been successfully working with Archipel, a joint venture between Pride Capital Partners and Schouten & Nelissen, for some time. “This strategic partnership with Schouten & Nelissen and Pride Capital Partners will further accelerate our growth and lead to increased continuity for clients and employees,” said Diddo van Zand.
E-assessment platform for HR strategy
With Ixly’s e-assessment platform, companies and organisations can establlish HR policies based on data. This can be done by using various tests on skill sets and personality. The software and assessments can be used for talent selection, personal development plans and the retention of staff.
With this partnership, Schouten & Nelissen is responding to employers’ demand for further development of employees during their careers. Director Jan Hein Schouten: “The acquisition of Ixly fits in with Schouten & Nelissen’s strategy to perfectly align its services with an increasingly complex world. This is in line with our philosophy to do whatever it takes to empower people in their personal growth and organisations in their professional development.”
Accelerate international rollout
The partnership provides an opportunity for Ixly to accelerate its international rollout. Germany and Belgium are the first countries where the HR tech specialist plans to increase its presence. In Flanders, Ixly recently won a government tender. “Ixly is a well-established player in the Dutch market. Together with Schouten & Nelissen, we offer them the opportunity to accelerate their international ambitions,” said Lars van ‘t Hoenderdaal, managing partner of Pride Capital Partners.
Rapidly developing HR assessment market
Mark van Beusekom, managing partner Hogenhouck m&a, on this transaction: “The assessment market is developing strongly and is growing fast as a result of digitalisation and ever-increasing relevance of HR & personal development. Ixly’s assessment platform and solutions are outstanding.”
Edwin Lips, director of business development at Hogenhouck: “The entrepreneurs, strategists and investors expect a further consolidation in this field. At Hogenhouck, we are expecting more ‘HR-tech’ transactions in the next years.”