Reward Gateway Acquires Fond

Abry Partners and Castik Capital Acquire Reward Gateway

May 4, 2021

Cloud & SaaS

Reward Gateway, a UK-based SaaS employee engagement platform, has agreed to be acquired by private equity firms Abry Partners and Castik Capital from Great Hill Partners. The deal, announced May 4, 2021, will support Reward Gateway's next growth phase, funding product innovation and continued expansion (transaction expected to close in Q3 2021).

Edenred Acquires Reward Gateway

May 16, 2023

Cloud & SaaS

Edenred has agreed to acquire 100% of Reward Gateway from funds managed by Abry Partners and Castik Capital for £1.15bn, valuing the employee engagement SaaS at ~20x EV/EBITDA (2023e). The acquisition expands Edenred’s employee benefits and engagement capabilities and extends Reward Gateway’s footprint in the UK, Australia and the US; Reward Gateway is expected to be consolidated immediately on closing and the deal is financed by debt and cash.

Reward Gateway Acquires MoveSpring

March 22, 2022

Cloud & SaaS

Reward Gateway, a global HR technology and employee engagement company, has acquired MoveSpring, a U.S. provider of activity-based wellbeing software. The purchase expands Reward Gateway’s wellbeing capabilities and further integrates activity-based wellness functionality into its global employee engagement platform; financial terms were not disclosed.

Reward Gateway Acquires Brand Integrity

July 17, 2018

Cloud & SaaS

Reward Gateway, a global employee engagement platform, has acquired Brand Integrity, a 15-year-old U.S.-based employee engagement technology and consulting firm headquartered in Rochester, New York. The deal more than doubles Reward Gateway's U.S. team, adds new clients (including Rite-Aid, Constellation Brands, and Excellus BlueCross BlueShield), and strengthens Reward Gateway's presence in the U.S. market.

Interopay Acquires Rewardworks

June 7, 2023

Payments & Fintech

Interopay Inc., a Portland-based B2B payment automation company, has acquired Rewardworks, a long-time accounts-payable/payment automation software provider. The deal — executed by Interopay (formed by Rewardworks management and investors) — will integrate Rewardworks' operations into Interopay to accelerate product development, expand customer reach, and enhance ERP-integrated payment solutions for mid-market customers.

saas.group Acquires Rewardful

November 11, 2021

Software

saas.group has completed the acquisition of Rewardful, a referral and affiliate marketing software provider founded in 2017 and headquartered in Edmonton, Alberta. The deal brings affiliate/referral capabilities and Stripe integration into saas.group's portfolio of SaaS businesses to accelerate product expansion and go-to-market for B2B SaaS customers.