Reward Gateway, the worldwide employee engagement company, has recently announced the acquisition of Brand Integrity. Brand Integrity is based in Rochester, New York, and is a fifteen year old employee engagement specialist.
The addition of Brand Integrity's operations more than doubles Reward Gateway's U.S. team and adds new clients committed to employee engagement, including Rite-Aid, Constellation Brands, and Excellus BlueCross BlueShield. These leading brands now join Reward Gateway's existing global client roster, which includes IBM, McDonald's, Unilever, and Samsung.
The combined group will operate under the Reward Gateway brand and be one of the largest employee engagement software businesses in the world, with over 400 staff servicing 1,800 clients and 4 million end users globally.
Gregg Lederman, Founder and CEO of Brand Integrity, said, "This completes a two-year search for a new home and partner for us. We met many companies and were fortunate to have several offers, but the fit with Reward Gateway was absolutely the best. I'm truly excited to experience the next chapter with our clients and employees."
Gregg Lederman will join the Reward Gateway Executive Board as president of employee engagement, supporting strategic platform, client success, and thought leadership initiatives. He joins another U.S. HR tech veteran, Gene Gainey, who was appointed SVP of sales, North America, earlier in the year. Half of the group's executive team is now based in the U.S. Brand Integrity's 25-person staff in Rochester, N.Y. will work alongside Reward Gateway's Boston-based team to serve the U.S. market.
The deal value was not announced but comprised cash and stock.
Reward Gateway Key Facts
Reward Gateway is a London-based HR tech firm that was founded in 2007, with offices in the U.S., Australia, U.K., Macedonia, and Bulgaria. It was acquired by Boston-based private equity firm Great Hill Partners in July 2015. The company has 1,800 clients and 400 employees.
Doug Butler, CEO at Reward Gateway, said, "We've been investing heavily in the U.S. market since we established our Boston headquarters earlier this year, and this acquisition underlines our commitment. Brand Integrity has an excellent team, product set, and great client relationships, resulting in employee engagement scores three times the global average. We couldn't be more excited to be working with the Brand Integrity team to bring our broader product offering and support resources to their clients and their in-depth knowledge and winning service formula to ours."
SOURCE Reward Gateway
Edited by K. Fanning
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