MCLEAN, Va.--(BUSINESS WIRE)--Clearsight Advisors, Inc. (“Clearsight”) is pleased to announce another successful transaction in its market-leading Software Practice. Clearsight served as the exclusive strategic and financial advisor to Brand Integrity in its acquisition by Reward Gateway, a Great Hill Partners portfolio company. This transaction reiterates Clearsight’s position as the leader in advising HR Technology and SaaS firms.
Brand Integrity is an employee engagement software and consulting company that helps businesses build the right environment for employee engagement and drive measurable and sustainable culture change. Since 2002, the company has helped hundreds of clients across industries disrupt the way they approach employee and customer engagement to enable them to overcome barriers, reduce turnover, drive customer satisfaction and become more profitable.
Reward Gateway is a London-based HR technology firm that was founded in 2007. Reward Gateway helps more than 1,800 of the world’s leading companies across 23 countries to attract, engage, and retain their best people with an employee engagement platform that brings employee benefits, discounts, and perks, recognition and reward, employee wellbeing, employee communications, and employee surveys into one unified hub.
The acquisition more than doubles the size of Reward Gateway’s US operations with the addition of new clients. The newly-combined group, which will operate under the Reward Gateway brand, will have revenues of over $1bn and will be one of the largest employee engagement platforms in the world.
On working with Clearsight, Brand Integrity Founder & CEO Gregg Lederman commented, “Clearsight’s commitment to its client’s success is admirable and I would highly recommend working with Clearsight to anyone looking to exit or simply raise capital to grow. The past nine months have been quite a journey and Reward Gateway is the best fit for us as a team – personally and professionally.”
Greg Treger, Co-Founder and Managing Director of Clearsight Advisors, commented, “We are thrilled to have supported Brand Integrity as they sought to find the right partner to continue to evolve and grow their business. Gregg and the Brand Integrity team built a great business and phenomenal culture. We are excited for the opportunity they have in combination with Reward Gateway.”
Clearsight Advisors is an independent merchant banking firm dedicated to providing world-class M&A and capital raising solutions exclusively to growth-oriented Business Services and Technology companies. Clearsight combines deep market insights across software, services and data. Clearsight Capital Advisors, Inc., a wholly owned subsidiary, is a registered member of FINRA & SIPC.