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Announced

Completed

Giift completed the acquisition of a majority stake in InTouch.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Friendly

Private

Single Bidder

Acquisition

Majority

Cross Border

Completed

Software

Indonesia

loyalty solutions

Synopsis

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Giift, a provider of end-to-end loyalty program management solutions, completed the acquisition of a majority stake in InTouch, a provider of loyalty solutions. Financial terms were not disclosed. "With this acquisition, we are not just gaining a majority stake in InTouch, but also the expertise, experience, and innovation that comes with it. Together, we will set a new standard for customer engagement and retention, in Indonesia and in South-East Asia," Pascal Xatart, Giift Co-Founder and Director.

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