Textkernel has made a strategic combination with Akyla, a leading specialist in staffing applications and portals.
Akyla marks the second step in Textkernel’s international buy-and-build strategy since its management teamed up with strategic software investor Main Capital Partners (“Main”) in October 2020. Last year, Textkernel successfully acquired U.S.-based competitor Sovren to strengthen its position as a global market leader in AI-driven parsing and search & match technology.
Like Textkernel, Akyla is recognized as a best-of-breed solutions provider in the HR software market. Akyla offers flexible solutions that enable automated recruitment, selection, and efficient management of temporary workers. The company provides two innovative solutions, e-UUR and Xplican, which support customers in streamlining administrative processes related to the management of flex workers, including onboarding, hourly registration, time interpretation, digital signing, and vendor management.
Together, Akyla and Textkernel serve a combined customer base of more than 2,500 organizations, including staffing organizations, payrollers, corporates, job boards, HR solutions providers and other participants in the broader HR market.
Martin Schievink, CEO of Akyla, is excited to join forces with the internationally experienced Textkernel team and looking forward to the cooperation: “Textkernel is an excellent strategic match for Akyla. We share similar cultures and ambitions to help staffing organizations around the globe with our propositions.” Gerard Mulder, CEO of Textkernel, foresees a fruitful strategic partnership with strong potential to offer a value-added proposition together with Akyla to staffing organizations and software partners across international markets.
Connecting People and Jobs, Better
“During our discussions, the response from customers and partners to our ideas has been overwhelmingly positive. This feedback, along with our shared cultures and go-to-market strategy, as well as Akyla’s desire to expand internationally, reinforced our conviction that joining forces will significantly accelerate the growth of both companies,”
Pieter van Bodegraven, Partner at Main Capital and Chair of the Supervisory Board of Textkernel, adds: “We are confident that by combining two driven and passionate organizations, we can accelerate innovation for the benefit of their clients. Over the last 20 years, this approach has been key to creating value through successful organic growth and buy-and-build strategies. Akyla and Textkernel are both highly respected for their expertise in their respective areas of the HR ecosystem.”
About us
Textkernel
Textkernel is an international leader in AI-driven solutions for parsing, data enrichment and matching people and jobs. Textkernel enables thousands of recruitment & staffing agencies, employers, job boards, HR software vendors and outplacement & redeployment agencies worldwide to work smarter and more effectively by creating efficiencies in the HR and recruitment process. Textkernel is headquartered in Amsterdam, with satellite offices in Frankfurt, Paris and the United States. Including Akyla, the group employs ca. 175 people.
Akyla
Akyla provides innovative solutions to help manage the administrative processes involved in the recruitment and management of temporary workers. The company serves a loyal customer base of over 200 staffing agencies, payrollers, and HR services providers across the Benelux and Nordics regions. Akyla employs approximately 30 people, led by its co-founders.
Main Capital Partners
Main Capital Partners is a leading software investor in the Benelux, DACH and the Nordics. Main has almost 20 years of experience in strengthening software companies and works closely together with management teams of its portfolio companies as a strategic partner, in order to realise sustainable growth and build excellent software groups. Main counts over 45 employees and has offices in The Hague, Stockholm, and Düsseldorf. In October 2021 Main has over 2.2 billion euros under management and invested in more than 120 software companies. These companies create jobs for approximately 4,000 employees.
