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78
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Recharge acquires Giftcloud to boost B2B strategy

Apr 15, 20255 months ago

Acquiring Company

Recharge Group

Acquired Company

Giftcloud

AmsterdamBristolFintechFinancial ServicesSaas

Description

Recharge has acquired Giftcloud Limited from Groupon, marking a significant step into the B2B digital rewards market. This acquisition aims to enhance Recharge's offerings in prepaid payments, especially in the UK. The deal supports Recharge's growth strategy and positions it for further expansion across Europe.

Company Information

Company

Recharge Group

Location

Amsterdam, North Holland, Netherlands

About

Recharge has revolutionised the prepaid payments industry connecting brands effortlessly with customers through their unified platform solutions. Recharge enables prepaid payment products to be obtained anywhere, anytime via their own multi-country digital storefronts including Recharge.com and Startselect.com.

FundzWatch™ Score

76
High M&A Activity

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed