.
MergerLinks Header Logo

New Deal


Announced

Edenred to acquire Italian employee engagement platform Easy Welfare

Financials

Edit Data
Transaction Value£47m
Consideration Type-
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

employee benefits solutions

Pending

Italy

Facilities Technology

employee benefit administrative

Majority

Natural

welfare

Acquisition

welfare services

engagement

Private

Single Bidder

Synopsis

Edit

Edenred, the global leader in payment solutions for the working world, announces the acquisition of Easy Welfare, the number one operator of employee engagement platforms in Italy. Value of the transaction is around €53m. “Through this transaction, Easy Welfare employee users will now have access to the largest Italian acceptance network, which is made up of more than 20,000 of Edenred’s partner merchants, e-tailers and service providers. With this type of offering, Edenred can align itself as closely as possible with businesses’ new needs and with the high demand for flexible usage from their employees,” Arnaud Erulin, Edenred’s Chief Operating Officer, Middle East and Africa.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US