Ciphr Acquires Avantus
November 19, 2024
ECI-backed Ciphr has acquired Avantus, a UK-based employee benefits and rewards platform provider, adding Avantus’ FlexGenius and MyWorkPal products and a c.30-person team to Ciphr Group. The transaction expands Ciphr’s HCM proposition to include employee benefits and wellbeing as part of its strategy of complementary add-on acquisitions.
- Buyers
- Ciphr, ECI Partners
- Targets
- Avantus
- Platforms
- Ciphr Group
- Industry
- Cloud & SaaS
- Location
- Surrey, United Kingdom
- Transaction Type
- Addon
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