Announced
Financials
Tags
Acquisition
Majority
Friendly
health and wellness benefit solutions
Single Bidder
Germany
Recreational Services
Cross Border
Private
Private Equity
Pending
Synopsis
TA and Warburg Pincus-backed Epassi, a for digital employee benefit payments in the Nordics, agreed to acquire Exercite, a provider of corporate health and wellness benefit solutions in Germany, from Waterland, a private equity firm. Financial terms were not disclosed. “As employees worldwide continue to strive for greater work-life balance, employee benefits, including access to health and wellness solutions, have become increasingly important to hiring and retaining top talent,” Pekka Rantala, Epassi CEO.
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