Paul Hastings Advised Abry Partners and Castik Capital in £1.15 Billion Sale of Reward Gateway to Edenred

May 17, 2023

Paul Hastings (Europe) LLP advised Abry Partners, Castik Capital, and the management team in connection with the £1.15 billion sale of 100% of the share capital of Reward Gateway, a leading global SaaS employee engagement platform, to Edenred, a digital platform for employee benefits services and payments headquartered in France.

Abry and Castik acquired the company in 2021, and this sale to Edenred follows several years of continued double-digit revenue growth and consistently high profitability for Reward Gateway.

The Paul Hastings team included partners Anu Balasubramanian, Jamie HoldowayPeter Hayes, Arthur de Baudry d’Asson, and Stéphane Henry, Of Counsel Jeffrey Ii, and associates Rohin Ghosh DastidarCharlotte Rice, Ajay Agarwal, Nicolas Lovas, and Willem Jongert. Tax advice was provided by partner Arun Birla and associate Jee Yoon Chung, and antitrust advice was provided by partner Jade-Alexandra Fearns and associate Juliette Hua.

Further details of the transaction can be found here

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