Castik Capital and Abry Partners acquire Reward Gateway
Great Hill Partners has sold Reward Gateway to Castik Capital Partners GmbH and Abry Partners.
Castik Capital is a German-based private equity firm. Founded in 2014, it focuses on identifying and developing investment opportunities across Europe. Since its founding in 1989, Abry has focused on media, communications, business and information services to become one of the most experienced private equity firms investing in North America and Europe.
Reward Gateway helps more than 1,700 of the world’s leading companies to attract, engage and retain their best people with an employee engagement platform that brings employee benefits, discounts and perks, reward and recognition, employee wellbeing and communications into one unified hub.
Great Hill Partners is a private equity firm with US$2.7 billion under management.
Oaklins Cavendish, based in the UK, advised Castik Capital on the acquisition of Reward Gateway.
Talk to the deal team
Tet has acquired Telia Latvija from Telia Company
Tet, the leading technology and entertainment operator in Latvia, has acquired Telia Latvija – a B2B telecom services provider – from Telia Company in a competitive auction process. The sale price corresponds to an enterprise value of US$11.5 million on a cash and debt free basis, representing a FY 2021 EV/EBITDA multiple of 10.0x.Learn more
Skelia SARL has been sold to Nortal AS
Skelia SARL has been acquired by Nortal AS. Following the acquisition, Skelia’s strong presence in Ukraine and Poland will provide Nortal with a solid platform for growth. Together, the parties will be able to expand their business across geographies and time zones, sharpening their customer offering and creating additional opportunities for their global employee pool.Learn more
Critical Mention has been acquired by Onclusive
Critical Mention, a leader in media monitoring, will become part of Onclusive, a newly formed global partner for PR and communications success. The move combines Critical Mention’s media monitoring and media contact database tools with Onclusive’s suite of market-leading global media monitoring, measurement and management solutions.Learn more