Via News Release
“ST. PAUL, Minn., June 2, 2016 /PRNewswire/ — Today, Augeo announced the completion of its second acquisition in 2016 and its eighth in company history, with the asset purchase of Incentive Logic, Inc. Augeo is a rapidly growing leader among US and international engagement and loyalty platform providers, and has been working in the loyalty space since its inception in 1998. Incentive Logic, also founded in 1998 and based in Scottsdale, AZ, developed one of the first customized online reward catalogs in the industry, and now runs comprehensive points based and quick rewards incentive programs for a wide variety of industries including airlines, healthcare, retail and technology, among many others.”
Augeo works with some of today’s largest employers and companies and serves both US and international platforms operating in over 55 countries and 8 languages. While both Augeo and Incentive Logic focus on large scale, highly complex employee recognition programs among other areas, Augeo will be adding Incentive Logic’s solutions for the SMB employee incentive market, market research and health and wellness incentive solutions to expand its offering.
“We have been designing and deploying one of the most innovative employee incentive solutions in the industry in recent years, with personalized dashboards, gamified and mobilized functionality, contest and promotional modules, and the broadest array of incentive categories. We are doing similar things in health and wellness,” commented David Kristal, CEO of Augeo. “Bringing to Augeo the Incentive Logic team and product solutions completes a spectrum of solutions that is unmatched in the markets we serve.”
“With Augeo, we look forward to bringing our clients the same high quality programs, fulfillment and service that they receive today, along with the expanded support and innovation of a now larger team,” said Phil Leger, CEO of Incentive Logic. “What we will be able to deliver in market together for our clients will be highly customizable, inventive and flexible. Organizations are looking for additional channels to connect points for broader loyalty potential and more frequent interactions with their employees and end users.”
“The Incentive Logic team takes great care of their customers, and that is what we are about at Augeo,” added Kristal. “We are thrilled to move forward with the Incentive Logic team as we look to bring even more value to our current clients and introduce new clients to our expanded product offering.”
While Augeo’s headquarters are in St. Paul, all Incentive Logic operations will remain intact with the current account, technology and customer support teams working out of Scottsdale, AZ.