Touch Incentive expands internationally with acquisition of German oneConcepts Group
Acquisition German oneConcepts Group
In a new step within their buy-and-build strategy, Touch Incentive announces the acquisition of the oneConcepts Group, a leading player in merchandise, fulfillment and services for loyalty and incentive programs in in Europe. This strategic acquisition underlines Touch Incentive’s ambition to grow further in Europe and strengthen its position as European market leader. oneConcepts, a leading player in merchandise, fulfilment and services in loyalty programs, adds valuable expertise and client portfolio to Touch Incentive’s growing network.
Dennis van den Berg
CEO OF TOUCH AND THE CEO OF TOUCH NETWORK:
“By adding oneConcepts to our portfolio, we not only strengthen our position in Europe, but also our ability to best serve clients with a range of impactful loyalty solutions.”
Uwe Brugger
Chairman and shareholder of oneConcepts Group:
“The partnership with Touch Incentive and its key shareholder Mentha Capital is the natural next steps for oneConcepts Group to be part of the European leader. I am excited to join forces and to participate in the success story with the Touch Incentive and oneConcepts management team.”
Christian Haubold
Managing Director of oneConcepts:
“We are excited to be part of Touch Incentive and see great opportunities to help our customers achieve their goals even better. Joining Touch Incentive will allow us to further expand our technology and offer clients a wider range of products and services.”
Mark van Ingen, Partner at Mentha:
“The acquisition of oneConcepts fits perfectly into our plan to create an international player of stature with Touch Incentive. Joining forces opens doors to new markets and increases our capacity to provide innovative solutions. We strongly believe in the strength of this team and the opportunities created by the synergy with Touch Incentive.”
With this acquisition, Touch Incentive takes an important step towards international growth and further European expansion. Moreover, it strengthens its position as a market leader in loyalty solutions, allowing customers to benefit from a solid loyalty platform as a result.
CCAP Advisory acted as exclusive financial advisor to oneConcepts Group and its shareholders.
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