Helsinki-based Epassi acquires Amsterdam-based Alleo to build a unified employee benefits platform. Know more!
Helsinki-based Epassi, a company specialised in digital employee benefits technology, has acquired Amsterdam-based Alleo (formerly YourCampus), an HR platform focused on improving employee benefits and compensation.
The acquisition is aimed at expanding its presence in the Dutch market.
Together with Bedrijfsfitness Nederland, Workit, and Vip District, this acquisition accelerates the creation of a single, integrated multi-benefit platform for employee benefits in the Netherlands.
As part of Epassi, Alleo will become the core platform in the Dutch market, integrating the offerings of Bedrijfsfitness Nederland, Workit, and Vip District into a single multi-benefit experience.
This enables personalised employee benefits experience, while reducing administrative complexity and providing HR teams with clear data insights.
Alleo: A compensation and benefits platform
Founded in 2021 by Florian Gendrault, Ruben van den Boogaard, Sven Cune, George Visniuc, and Adil Bougamza, Alleo claims to meet the evolving needs of the modern workforce by offering highly personalised compensation packages.
The company’s platform combines a wide range of benefits, including corporate fitness, bike leasing, mental wellness, savings, and hundreds of partner offerings, enabling employers to build stronger, healthier, and more resilient teams.
Alleo prioritises personalised and inclusive total compensation solutions tailored to meet the diverse needs of different generations.
They aim to create a work environment where compensation and benefits packages enhance employees’ total income and well-being.
Alleo is used daily by more than 400 organisations with 200,000 employees.
Florian Gendrault, Founder & CEO of Alleo, says, “This strategic combination accelerates the growth in the Netherlands, together with all Epassi brands in the group, while positioning us strongly for European market leadership. We’re thrilled that Alleo’s platform will support customers across the Epassi Group, while giving our own customers access to an even richer and more comprehensive offering.”
Epassi: Employee benefits technology provider
Founded in 2007, Epassi combines all benefits into one mobile app-centric, user-friendly digital service, providing a digital marketplace for employee benefits.
Currently, the Epassi Group serves nearly 50,000 employers and their over 36 million employees, with 107,000 service providers as partners.
At present, the company has a strong presence in the Nordics, Germany, the Netherlands, Italy, the UK, Ireland, Spain, Portugal, and France.
“Alleo fits perfectly within the Epassi family, and we are excited to welcome them. By combining the strengths of our Dutch companies, we go far beyond viewing employee benefits as just an administrative part of HR policy. We are creating a platform that is actively used and provides employers with a strategic tool to attract, retain, and develop talent,” says Pekka Rantala, CEO of Epassi Group.
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