M&A Deal Summary

Reward Gateway Acquires MoveSpring

On March 22, 2022, Reward Gateway acquired software company MoveSpring

Acquisition Highlights
  • This is Reward Gateway’s 2nd transaction in the Software sector.
  • This is Reward Gateway’s 2nd transaction in the United States.
  • This is Reward Gateway’s 1st transaction in Illinois.

M&A Deal Summary

Date 2022-03-22
Target MoveSpring
Sector Software
Buyer(s) Reward Gateway
Deal Type Add-on Acquisition

Target

MoveSpring

Chicago, Illinois, United States
MoveSpring is a provider of activity-based software solutions to improve employee wellbeing. MoveSpring combines gamified activity challenges, social community, and a suite of programming tools to help employees of all fitness levels engage in a healthy lifestyle. MoveSpring was founded in 2014 and is based in Chicago, Illinois.

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Buyer(S) 1

Buyer

Reward Gateway

London, United Kingdom

Category Company
Founded 2006
Sector Internet Software and Services
Employees275
Revenue 189M GBP (2014)
DESCRIPTION

Reward Gateway offers a leading SaaS employee engagement platform that centralizes employee reward and recognition, discounts, communications, surveys, wellbeing, and flexible benefits. Its strategic products support companies with today’s most difficult people challenges, such as the digitization of the workplace, attracting and retaining talent, aligning and supporting remote workforces, and handling complex cultural issues. Reward Gateway was formed in 2006 and is based in London.


DEAL STATS #
Overall 4 of 4
Sector: Software M&A 2 of 2
Type: Add-on Acquisition M&A Deals 4 of 4
State: Illinois M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2022 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-07-17 Brand Integrity

Rochester, New York, United States

Brand Integrity is an employee engagement technology and consulting company that helps businesses build the right environment for employee engagement, driving measurable and sustainable culture change. Brand Integrity was founded in 2002 and is based in Rochester, New York.

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