Reward Gateway, the employee engagement technology specialist, has announced the acquisition of Dazines Ltd, a user-centered software specialist located in London, Bulgaria and Macedonia. 32 Dazines staff will join Reward Gateway and the acquisition will see the establishment of a RG software engineering centre in Bulgaria.
The announcement follows rebranding of the company last September from Asperity Employee Benefits and the announcement of a new focus on delivering an integrated suite of employee engagement technologies for HR Directors. In January the company announced the appointment of ecommerce heavyweight Richard Hurd-Wood as Chief Product Officer as the first part of a radical step up in product investment.
Reward Gateway Founder & CEO Glenn Elliott said
Seb Aspland, Founder & CEO at Dazines said “We’re all delighted to be joining the existing engineering team at Reward Gateway. They’ve built a great global business focussing on delivering an amazing experience to the 2 million users at nearly 1,000 corporate clients and they really live the values that we have always had at Dazines. We’ve got some great skills and experience to bring to the Reward Gateway party and all of our team are really excited to get working on such a large platform with such a big user base. It’s a really exciting time in the HR technology marketplace right now and we couldn’t be happier to be part of it.”
Reward Gateway powers the employee engagement systems of almost 1,000 clients globally. Clients as diverse as IBM, McDonalds, American Express, KPMG, Unilever, AOL and Yahoo! all rely on the company’s technology. Dual headquartered in London and New York, Reward Gateway was the 2nd fastest growing UK tech company in 2011, the 7th fastest in Europe in 2012 and has revenues approaching $500m. The company is owned by International Benefits Holdings with Inflexion Private Equity as the ultimate majority shareholder.
“As part of the sale we will begin to work exclusively on projects for Reward Gateway and are no longer taking on any new client projects. Existing clients are being consulted.” - Sebastian Aspland - Managing Director