Acquisition: Reward Cloud Limited t/a Tillo

Reward Cloud Limited (Tillo) completes the acquisition of Jigsaw Business Solutions.

Tillo, the market-leading embedded rewards and incentives platform, has acquired Jigsaw Business Solutions, a leading provider of managing successful gift card programs for more than 20 retailers such as ASOS, Costa, and Hotels.com.

The acquisition represents a significant milestone in Tillo’s journey toward redefining the landscape and setting the global standard for rewards and incentives, and marks a pivotal moment in Tillo’s growth trajectory, signalling a new era of expanded capabilities and enhanced customer offerings.

Crowe's role and team

Crowe provided financial and taxation due diligence services, in addition to on-going buy-side support. The financial due diligence was led by Dan Nixon who was supported by Monty Cann.

Trevor Ling led the taxation due diligence, supported by Chris Ho.

Client quote

“Crowe's excellent due diligence services enabled us to complete on a challenging deadline and enabled a pivotal acquisition for Tillo, broadening our horizons and reinforcing our commitment to redefine the rewards and incentives industry.”

Lee Spencer, Chief Financial Officer, Tillo

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