FORT WORTH, Texas--(BUSINESS WIRE)--Sodexo, world leader in Quality of Life services, announced today it has acquired Inspirus, a 120-person strong engagement services company headquartered in Fort Worth, Texas. The acquisition allows Sodexo to offer a comprehensive employee engagement proposition through state-of-the-art technology to companies of all sizes — in the U.S. and globally — delivering greater value and a stronger strategic partnership with Sodexo’s current and future customers.
“Our mission at Inspirus is to bring joy to work,” said Pete Chambers, chairman and CEO of Inspirus. “Sodexo’s acquisition of Inspirus allows the company to accelerate that mission through the immediate expansion of our global reach and capabilities, and the addition of key solutions and innovations spearheaded by Sodexo. This is an industry-changing acquisition. We are incredibly excited about the future and are honored to become part of the Sodexo family.”
Inspirus is rapidly innovating its global employee engagement solutions across categories such as service anniversaries, rewards and recognition, incentives, safety, well-being, learning, and analytics. The company’s acquisition by Sodexo will provide unparalleled operational sustainability, integration with Sodexo’s global merchant network, and global access.
“Our acquisition of Inspirus positions Sodexo to become a global leader in employee engagement solutions,” said Mia Mends, CEO at Sodexo Benefits and Rewards Services, USA. “As the world leader in services that enhance quality of life, expanding our market reach and capability in the dynamic recognition and employee engagement category is critical to our long-term vision. After a thoughtful and thorough evaluation of the market, it’s clear that Inspirus offers the best fit across multiple dimensions, from culture and vision to technology and services.”
Following the acquisition, Sodexo will fully own the Inspirus business and its customer portfolio. Inspirus will continue to operate as a separate and independent entity under the Sodexo Benefits and Rewards Services, USA division.
“With today’s acquisition, Sodexo reinforces its position in employee engagement and recognition programs, a market that is rapidly expanding,” said Denis Machuel, Global CEO of Sodexo Benefits and Rewards Services. “When we talk to global clients, it’s clear that they are looking for global programs to increase motivation and performance for their staff everywhere they operate around the world. Combining Inspirus’ industry-leading platform technology with Sodexo’s international network and 50-year commitment to improving quality of life, we become a leading player in this area, delivering best-in-class services to clients around the world.”
Members of the media can join the press conference today at 10 a.m. CDT through GoToMeeting at https://global.gotomeeting.com/join/741741245, or by dialing (408) 650-3123 using access code 741-741-245.
About Inspirus
Employee engagement is a company’s most powerful lever for driving results, building a best place to work, and contributing to a better world. The Inspirus employee engagement platform draws employees into a purpose-built employment experience and gives organizational leaders continuous measures and a full portfolio of solutions to drive employee engagement and demonstrate business impact.
Only the Inspirus platform combines an integrated rewards engine, learning, communication tools, and analytics to power 21st century talent applications spanning recognition, well-being, safety, milestone moments, community involvement, and global rewards. The Inspirus engagement platform continues decades of experience helping market-leading companies inspire their employees and bring joy to work, one experience at a time.
About Sodexo
Founded in 1966 by Pierre Bellon, Sodexo is the global leader in services that improve Quality of Life, an essential factor in individual and organizational performance. Operating in 80 countries, Sodexo serves 75 million consumers each day through its unique combination of On-site Services, Benefits and Rewards Services, and Personal and Home Services. Through its more than 100 services, Sodexo provides clients an integrated offering developed over nearly 50 years of experience: from food services, reception, safety, maintenance and cleaning, to facilities and equipment management; from Meal Pass, Gift Pass, and Mobility Pass benefits for employees to in-home assistance and concierge services. Sodexo’s success and performance are founded on its independence, its sustainable business and financial model, and its ability to continuously develop and to engage the commitment of its 420,000 employees throughout the world. Sodexo is a member of the CAC 40 and DJSI Indices.
Key Figures
- €19.8 billion in consolidated revenues
- 420,000 employees
- 19th-largest employer worldwide
- 80 countries
- 32,000 sites
- 75 million consumers served daily
- €15 billion market capitalization (as of July 7, 2016)
Forward-looking Statements
This press release contains statements that may be considered as forward-looking statements and as such may not relate strictly to historical or current facts. These statements represent management's views as of the date they are made and Sodexo assumes no obligation to update them. The reader is cautioned not to place undue reliance on these forward-looking statements.
