Add-on Acquisition • Internet Software and Services

NGC US Acquires Benefit Mobile

On February 28, 2019, NGC US acquired internet software and services company Benefit Mobile

Acquisition Context

This is NGC US’s 1st transaction in the Internet Software and Services sector.
This is NGC US’s 1st transaction in the United States.
This is NGC US’s 1st transaction in Michigan.

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M&A Deal Summary
Date	February 28, 2019
Target	Benefit Mobile
Sector	Internet Software and Services
Buyer(s)	NGC US
Deal Type	Add-on Acquisition

Target Company

Benefit Mobile

Ada, Michigan, United States

Benefit Mobile, Inc. is a digital payment and fundraising company provides Benefit app for transactions. Benefit Mobile was founded in 2013 and is headquartered in Chicago, IL.

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Buyer Overview 1

Buyer

NGC US

Crystal Lake, Illinois, United States

Category	Company
Founded	2004
Sector	Business Services

DESCRIPTION

NGC US LLC is a provider of prepaid payments and secure gift card fulfillment solutions for loyalty, rewards, and incentive programs. The Company sources and delivers 500+ brands of physical and digital gift cards across the United States, Canada, and Europe using the industry’s highest levels of security, quality, and speed. NGC US was founded in 2004 and is based in Crystal Lake, Illinois.

Deal Context for Buyer	#
Overall	1 of 1
Sector: Internet Software and Services	1 of 1
Type: Add-on Acquisition	1 of 1
State: Michigan	1 of 1
Country: United States	1 of 1
Year: 2019	1 of 1

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