Prepaid Technologies completed the acquisition of WorkStride from The Riverside Company.

Prepaid Technologies, an efficient payments programs provider, completed the acquisition of WorkStride, a SaaS platform for employee recognition, rewards, and engagement, from The Riverside Company, an investment firm. Financial terms were not disclosed. “We have enjoyed working with the talented WorkStride management team through a period of change for the company to help set it on its way to future success and strong continued growth. Tom Silk and the leadership team have deep industry experience and have achieved significant market differentiation with their technology platform and strong focus on client service and support. They are well positioned for the future," Loren Schlachet, Riverside Managing Partner.