M&A Deal Summary

epassi Acquires VIP District

On June 17, 2025, epassi acquired internet software and services company VIP District

Acquisition Highlights
  • This is epassi’s 3rd transaction in the Internet Software and Services sector.
  • This is epassi’s 1st transaction in Spain.

M&A Deal Summary

Date 2025-06-17
Target VIP District
Sector Internet Software and Services
Buyer(s) epassi
Deal Type Add-on Acquisition

Target

VIP District

Madrid, Spain
VIP District provides digital engagement solutions that help companies enhance employee experience through rewards, recognition, internal communication, and exclusive discounts. VIP District was formed in 2010 and is headquartered in Madrid, Spain.

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Buyer(S) 1

Buyer

epassi

Espoo, Finland

Category Company
Founded 2007
Sector Information Technology
DESCRIPTION

epassi is a provider of mobile payments and offers a comprehensive, high-quality service for managing non-taxable employee benefits. epassi was founded in 2007 and is based in Espoo, Finland.


DEAL STATS #
Overall 6 of 6
Sector: Internet Software and Services M&A 3 of 3
Type: Add-on Acquisition M&A Deals 5 of 5
Country: Spain M&A 1 of 1
Year: 2025 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-12-12 Exercite

Bremen, Germany

Exercite is a B2B health and wellness network that operates brands Hansefit, Bedrijfsfitness Nederland, and Fitbase in Germany and the Netherlands. It offers more than 2.5 million employees from more than 7,000 corporate clients access to more than 12,000 sports and health facilities such as fitness rooms, swimming pools, wellness facilities, physiotherapy, climbing gyms, and dance studios. Exercite is based in Bremen, Germany.

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