.
MergerLinks Header Logo

New Deal


Announced

TA and Warburg Pincus-backed Epassi to acquire Exercite from Waterland.

Financials

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

Tags

Edit

Acquisition

Majority

Friendly

health and wellness benefit solutions

Single Bidder

Germany

Recreational Services

Cross Border

Private

Private Equity

Pending

Synopsis

Edit

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.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

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

CONTACT US