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M&A Deal Summary

Giift Acquires inTouch

On January 31, 2023, Giift acquired internet software and services company inTouch

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

M&A Deal Summary
Date 2023-01-31
Target inTouch
Sector Internet Software and Services
Buyer(s) Giift
Deal Type Add-on Acquisition

Target

inTouch

Jakarta, Indonesia
inTouch provides a record of accomplishment in developing and deploying top-notch loyalty solutions for some of the largest companies in Indonesia, including Nokia, BlackBerry, and Samsung. InTouch is a provider of end-to-end solutions for mobile loyalty systems.

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Buyer(S) 1

Buyer

Giift

Singapore, Singapore
Category Company
Founded 2013
Sector Internet Software and Services
DESCRIPTION

Giift is a cloud-based loyalty marketplace that enables users to use their loyalty points, miles and gift cards to be exchanged with over 50,000 loyalty programs in more than 55 countries. Giift serves the multi-faceted loyalty industry across three main functions including Loyalty Issuance, Loyalty Exchange, and Loyalty Payment. Giift was founded in 2013 and is based in Singapore.

DEAL STATS #
Overall 4 of 4
Sector: Internet Software and Services M&A 3 of 3
Type: Add-on Acquisition M&A Deals 4 of 4
Country: Indonesia M&A 1 of 1
Year: 2023 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-05-03 Loyolink Marketing

Dubai, United Arab Emirates

Loyolink Marketing is a content provider primarily for banks that are looking to incentivize their customer base with offers for restaurants, spas, hotel accommodations, entertainment, and more. Loyolink Marketing was founded in 2011 and is based in Dubai, UAE.

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