Capillary Technologies to Acquire Mastercard’s SessionM for $20 Million

February 24, 2026

Capillary Technologies will acquire Mastercard’s loyalty and rewards business, SessionM, for $20 million in an all-cash deal. The acquisition is expected to add more than $35 million in annual recurring revenue (ARR) and expand Capillary’s loyalty and engagement suite with over 40 enterprise customers, including Fortune 500 brands.

Buyers
Capillary Technologies
Targets
SessionM
Sellers
Mastercard
Industry
Cloud & SaaS
Location
United States
Transaction Type
Buyout

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