Businessextension in the United Kingdom for Epassi Group, accomplished through the acquisition of Zest
In a strategic move to expand its product suite and market presence in the UK and Europe, Epassi Group has announced the acquisition of UK-based Zest Benefits. This acquisition significantly enhances Epassi's capability to support employers with a more comprehensive and technologically advanced employee benefits platform.
Zest, a SaaS platform, offers a highly configurable and intuitive system that helps employers manage, communicate, and expand their employee benefits offerings. Its advanced platform and strong market position in the UK complement Epassi's existing operations, enabling a more unified, digital-first, multi-benefit experience across markets.
The combined operations of Epassi and Zest aim to cater to the needs of customers in the UK and Europe. With this acquisition, Epassi Group's expanded offerings now include a unified SaaS platform combining the strengths of both companies for employee benefits management and communication.
The acquisition also brings a configurable, intuitive digital benefits ecosystem covering multiple European countries. This enriched suite allows employers to better engage their workforce with a broader range of benefits, supported by advanced platform capabilities from Zest integrated with Epassi’s European digital benefits ecosystem.
Epassi's mission, to boost the wellbeing of all employees, aligns perfectly with Zest's mission. The combined entity aims to offer an even more compelling service to cater to the needs of UK customers, while also expanding its reach across Europe.
Matt Russell, CEO of Zest, is excited about joining Epassi, sharing a common passion for innovation and wellbeing. He views the acquisition as a significant step in the company's pan-European growth, stating, "We are thrilled to be joining forces with Epassi. Together, we will be able to offer our clients more value, scale, and product depth."
Pekka Rantala, CEO of Epassi Group, echoes this sentiment, stating, "The acquisition of Zest is a strategic move to expand our product suite and market presence in the UK and Europe. We are committed to delivering scalable, technology-driven benefit solutions across Europe, and this acquisition is a significant step towards achieving that goal."
Epassi currently operates in Finland, Sweden, Germany, the Netherlands, Italy, the UK, and Ireland, reaching over 22 million employees through one of the most comprehensive digital benefit ecosystems in the world. With the addition of Zest, this number is set to grow, further solidifying Epassi's position as the leading European tech platform for the employee benefits and engagement ecosystem.
[1] Source: Epassi Group press release, date of acquisition announcement.
- The acquisition of Zest by Epassi Group expands their capabilities in finance, as they now offer a unified SaaS platform for employee benefits management and communication, supported by advanced technology from Zest.
- The merger of Epassi and Zest, both passionate about innovation and employee wellbeing, creates a business opportunity to deliver an even more compelling service, with a technologically advanced digital benefits ecosystem covering multiple European countries.
