Abry Partners and Castik Capital acquire Reward Gateway and Xexec as part of a joint venture

May 11, 2021

London - Paul Hastings LLP, a leading global law firm, has advised Abry Partners, the tech, media and communications focused private equity firm, on its joint venture with European private equity firm Castik Capital to acquire Reward Gateway, a global HR technology and employee engagement company, and Xexec, an employee engagement provider.

The Paul Hastings team was led by private equity partner Anu Balasubramanian, and included litigation partner Pierre Kirch and finance partner Richard Kitchen, with associates Jamie Holdoway, Lauren Winter, Charlotte Rice and Daniel Sharif assisting. Skadden acted for Castik Capital and the JV vehicle.

Squire Patton Boggs and Osborne Clarke acted for the sellers of Reward Gateway. Fladgate acted for the sellers of Xexec.

Both transactions are expected to complete in the third quarter of 2021, subject to customary regulatory approvals.

This is the second transaction in the last two months that the Paul Hastings private equity team has assisted Abry Partners with in London, with the acquisition of Pole Star Space Applications completing in April 2021.


At Paul Hastings, our purpose is clear — to help our clients and people navigate new paths to growth. With a strong presence throughout Asia, Europe, Latin America, and the U.S., Paul Hastings is recognized as one of the world’s most innovative global law firms.



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