Xexec has sold a majority stake to Castik Capital and Abry Partners

The founding shareholders of Xexec Ltd., a leading employee engagement tech firm, have sold a majority stake to funds advised by Castik Capital S.à r.l. and leading Boston-based private equity firm Abry Partners.

Headquartered in London, Xexec is a leading provider of employee reward and recognition, benefits and discounts, concierge services and innovative employee engagement solutions for large corporations. It also offers customer loyalty programs which enable corporate clients to engage with and retain their own end customers.

“We are thrilled that Xexec will be joining our family of portfolio companies and to have this opportunity to work closely with the founders, Jacqueline Benjamin and Saul Meyer. We are impressed by their journey and look forward to accelerating and promoting Xexec’s ongoing success”, said Michael Phillips, Partner at Castik.

Brian St. Jean, Partner at Abry, said: “We were impressed by what the founders and their team have built over the years given its strong entrepreneurial spirit, its impressive customer client base, in particular within professional services, and the attractive growth opportunity in the US market. We are excited to partner with Xexec’s founders and look forward to leveraging our significant expertise in HCM software to support Xexec’s future growth.”

Oaklins Cavendish, based in the UK, acted as advisor to Xexec Ltd. in this transaction.

Servicio

M&A sell-side

Partes

“Castik and Abry are the ideal partners that truly appreciate the company’s culture and have a profound knowledge of the industry. The partnership will allow to us better serve our clients, bringing enhanced engagement solutions and additional resources, in particular for sales and marketing, as we continue to expand our business and pursue bolt-on acquisitions as part of our strategy to accelerate growth. We look forward to our new partnership with the Castik and Abry teams. We commend all our outstanding team members for their commitment in growing the business into the market leader that it is today. We further thank our loyal client base for entrusting the engagement of their most precious assets – their people and customers – into the hands of Xexec.”

Jacqueline Benjamin and Saul Meyer

Founders and co-CEOs, Xexec Ltd.

Contáctese con el equipo de la transacción

John Farrugia

Principal

Londres, Reino Unido
Oaklins Cavendish

Ver perfil Contáctenos

Mike Dinsdale

Director

Londres, Reino Unido
Oaklins Cavendish

Ver perfil Contáctenos

Transacciones relacionadas

Amber-Allen Publishing has sold its publishing assets to Penguin Publishing Group

TMT

Amber-Allen Publishing has sold its publishing assets to Penguin Publishing Group

Amber-Allen Publishing, home to some of the world’s most influential personal development books, most notably “The Four Agreements” by Don Miguel Ruiz and Janet Mills, has sold its publishing assets to Penguin Publishing Group. When the acquisition is complete, the Amber-Allen list will be managed by the TarcherPerigee imprint.

Aprenda más

Jeco Energies has sold a significant minority interest to NPM Capital

Private Equity | Energía

Jeco Energies has sold a significant minority interest to NPM Capital

NPM Capital has acquired a significant minority interest in Jeco Energies. By teaming up with NPM Capital, Jeco Energies is ready for the next step in its remarkable growth trajectory and strengthening its position as the leading industrial energy solutions provider.

Aprenda más

Talan Group has acquired Thinkmax

TMT

Talan Group has acquired Thinkmax

Talan Group has strengthened its presence in Canada and North America and accelerated international growth with the acquisition of Thinkmax.

Aprenda más