Surrey tech firm Zest has been acquired by Finland-based FinTech Epassi Group.
Founded in 2004, Zest offers a SaaS platform that helps employers manage, communicate and expand their employee benefits offering.
Epassi said the move supports its vision to be the leading European tech platform for the employee benefits and engagement ecosystem.
Zest complements the company’s existing operations in the UK and will significantly expand the product suite available to existing and new customers in the UK and Europe.
As part of the acquisition, Zest CEO Matt Russell has been appointed as CEO of the entire Epassi UK business.
“This is a powerful step forward in our pan-European growth journey,” said Pekka Rantala, CEO of Epassi Group.
“Zest’s advanced platform and strong market position in the UK perfectly complement our vision of a unified, digital-first, multi-benefit experience across all markets. We warmly welcome the Zest team into the Epassi family.”
Russell added: “We are thrilled to join Epassi. Together, we share a passion for innovation and wellbeing.
“By combining our strengths, we will be able to offer clients even more value, scale, and product depth. This is a hugely exciting opportunity for our people, our partners, and our customers.”
Epassi currently operates in Finland, Sweden, Germany, the Netherlands, Italy, the UK, and Ireland – reaching over 22m employees.