Edenred Acquisition of Reward Gateway 2023

Edenred announces acquisition of Reward Gateway, a leading SaaS employee engagement platform, for £1.15bn. The acquisition accelerates Edenred's strategy to become a global employee benefits and engagement leader, with expected FY2023 revenue of £95m and EBITDA of £45m. The transaction provides geographic expansion opportunities into Europe and the US across underpenetrated markets.