Reward Gateway Acquires Brand Integrity

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.

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).

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 Fond

March 1, 2023

Cloud & SaaS

Reward Gateway, a global HR technology and employee engagement company backed by Abry Partners and Castik Capital, has acquired Fond, a U.S.-based employee recognition, rewards and perks SaaS provider. The acquisition strengthens Reward Gateway’s recognition and rewards capabilities and expands its reach into Fond’s enterprise customer base.

G&A Partners Acquires Integrity Outsource

November 7, 2023

Professional Services

G&A Partners, a Houston-based professional employer organization (PEO), has acquired Integrity Outsource, a Phoenix-based HR outsourcing provider. The deal expands G&A's presence in Arizona and deepens its local talent and client service capabilities as part of the firm's continued roll-up strategy in the PEO market.

Integrity Marketing Group Acquires American Business

August 16, 2022

Insurance

Integrity Marketing Group acquired American Business, a New York–based life insurance agency serving high-net-worth clients. The deal brings American Business into Integrity's partner network to leverage Integrity's technology, product development and centralized services to scale distribution and enhance offerings for affluent clients.