{"id":408438,"date":"2021-01-05T08:03:44","date_gmt":"2021-01-05T13:03:44","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=408438"},"modified":"2021-01-05T08:03:44","modified_gmt":"2021-01-05T13:03:44","slug":"augeo-acquires-deluxe-rewards-expanding-its-consumer-engagement-platform-and-advancing-growth-initiatives","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/augeo-acquires-deluxe-rewards-expanding-its-consumer-engagement-platform-and-advancing-growth-initiatives\/","title":{"rendered":"Augeo Acquires Deluxe Rewards, Expanding Its Consumer Engagement Platform and Advancing Growth Initiatives"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"xn-location\">ST. PAUL, Minn.<\/span>, <span class=\"xn-chron\">Jan. 5, 2021<\/span> \/PRNewswire\/ &#8212; Augeo, a leader in consumer, member, and employee loyalty and engagement solutions, announced today that it has acquired Deluxe Rewards, formerly a business entity of Deluxe (NYSE: DLX), a Trusted Business Technology\u2122 company. <\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/661564\/Augeo_Logo.html\" target=\"_blank\" rel=\"nofollow noopener noreferrer\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/661564\/Augeo_Logo.jpg\" title=\"Augeo Logo (PRNewsfoto\/Augeo)\" alt=\"Augeo Logo (PRNewsfoto\/Augeo)\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p>The acquisition of Deluxe Rewards, primarily located in <span class=\"xn-location\">Boca Raton, Florida<\/span>, is effective <span class=\"xn-chron\">December 31, 2020<\/span>, and brings to Augeo, a patented, dual-currency, loyalty and engagement technology powered by an expansive collection of premium retail goods and travel services.\u00a0In addition, unique experiential rewards are available to end users at significantly reduced prices. The value to end users comes from these exclusive discounts, and Augeo can now offer clients a meaningful loyalty rewards program without the accrued liability that makes such programs cost prohibitive for some organizations.\u00a0<\/p>\n<p>&#8220;Often times, organizations are burdened by excessive, accrued liability in their loyalty rewards programs. The addition of Deluxe Rewards patented technology and experienced team enables Augeo to extend even greater value to current clients; all while bringing new engagement opportunities to organizations seeking alternatives to accruing the financial liability for their loyalty initiatives,&#8221; explained <span class=\"xn-person\">Tim Miller<\/span>, President, Augeo Member Engagement and Benefits.\u00a0 <\/p>\n<p>The acquisition is another indicator of Augeo&#8217;s focus on growth, both organically and through acquisition. &#8220;We believe that challenging times create unique opportunities for companies that are agile, innovative and well-grounded financially. Since our beginning, decades ago, we have grown our client base with exceptional performance and exemplary service. We continue to grow through the acquisition of companies that offer innovative technology, experienced teams, and established client relationships,&#8221; explained Augeo CEO, <span class=\"xn-person\">David Kristal<\/span>. <\/p>\n<p>This acquisition was attractive to Augeo because it presents a distinct marketplace opportunity. Deluxe Rewards enables Augeo to offer a one-of-a-kind, dual-currency redemption experience for users while delivering unmatched value for clients. <\/p>\n<p>\n        <span class=\"xn-person\">Shaina Resto<\/span>, Product Strategy Leader for Deluxe Rewards, and now Senior Vice President of Consumer Engagement at Augeo, explained, &#8220;We are beyond excited to join the Augeo team. Both companies have extensive experience in managing loyalty and engagement rewards programs. By combining our products and services into a seamless client experience, we can extend innovative features to all our programs. Clients will benefit from increased efficiency and users will benefit from increased redemption options.&#8221;<\/p>\n<p>&#8220;A primary driver of our interest in Deluxe Rewards was a need to provide greater value to users during challenging times,&#8221; said Miller. &#8220;We believe that for years to come, consumer loyalty and engagement will be driven by value-rich offers and a flexible, responsive platform. The proprietary, ultra-efficient, dual-currency redemption technology that Deluxe Rewards brings to Augeo enables us to evolve our platform, continuing to deliver a best-in-class loyalty engagement experience.&#8221;<\/p>\n<p>\n        <b>About Augeo<br \/><\/b>Augeo is a global leader in enterprise engagement and loyalty platforms. We help clients build value by strengthening relationships with their employees, customers, members or channel partners. Our unique consumer loyalty, employee recognition, sales incentives, virtual and live meetings, and insurance and benefits solutions help organizations elevate engagement and accelerate success. With more than 40 years of experience, Augeo serves 52 Fortune 500 companies, among hundreds of others, and supports hundreds of programs worldwide with proven platform technology. For more information, visit <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3025923-1&amp;h=650220560&amp;u=http%3A%2F%2Fwww.augeomarketing.com%2F&amp;a=www.augeomarketing.com\" rel=\"nofollow noopener noreferrer\">www.augeomarketing.com<\/a>.<\/p>\n<p>\n        <b>About Deluxe<br \/><\/b>Deluxe is a Trusted Business Technology\u2122 company that champions business so communities thrive. Our solutions help businesses pay and get paid, accelerate growth, and operate more efficiently.\u00a0For more than 100 years, we&#8217;ve been helping businesses succeed at all stages of their lifecycle, from start-up to maturity. Our powerful global scale supporting approximately 4.5 million small businesses, over 4,000 financial institutions, hundreds of the world&#8217;s largest consumer brands and processing more than <span class=\"xn-money\">$2.8 trillion<\/span> in annual payment volume, positions Deluxe to be our customers&#8217; most-trusted business partner.\u00a0To learn how we can help your business, visit us at\u00a0<u><a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3025923-1&amp;h=1118258386&amp;u=https%3A%2F%2Fprotect-us.mimecast.com%2Fs%2FgfheCn5j15tDonuJKWCL%3Fdomain%3Ddeluxe.com%2F&amp;a=www.deluxe.com\" rel=\"nofollow noopener noreferrer\">www.deluxe.com<\/a><\/u>, <u><a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3025923-1&amp;h=2361682673&amp;u=http%3A%2F%2Fwww.facebook.com%2Fdeluxecorp&amp;a=www.facebook.com%2Fdeluxecorp\" rel=\"nofollow noopener noreferrer\">www.facebook.com\/deluxecorp<\/a><\/u>,\u00a0<u><a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3025923-1&amp;h=195677490&amp;u=https%3A%2F%2Fprotect-us.mimecast.com%2Fs%2Fj31nCrkn1kfZvxfNCFv4%3Fdomain%3Dnam05.safelinks.protection.outlook.com&amp;a=www.linkedin.com%2Fcompany%2Fdeluxe\" rel=\"nofollow noopener noreferrer\">www.linkedin.com\/company\/deluxe<\/a><\/u>, or\u00a0<u><a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3025923-1&amp;h=2189626333&amp;u=https%3A%2F%2Fprotect-us.mimecast.com%2Fs%2FHqVZCwpv1ptx1ouQzfmz%3Fdomain%3Dnam05.safelinks.protection.outlook.com&amp;a=www.twitter.com%2Fdeluxecorp\" rel=\"nofollow noopener noreferrer\">www.twitter.com\/deluxecorp<\/a><\/u>.<\/p>\n<p>\n        <b>Media Contact:<br \/><\/b><br \/>\n        <span class=\"xn-person\">Michael Walsh<\/span><br \/>\n        <br \/>612-718-8952<br \/><a target=\"_blank\" href=\"mailto:michael@michaelwalshcommunications.com\" rel=\"nofollow noopener noreferrer\">michael@michaelwalshcommunications.com<\/a><\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder2\"><\/div>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=CG37210&amp;sd=2021-01-05\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow\" href=\"http:\/\/www.prnewswire.com\/news-releases\/augeo-acquires-deluxe-rewards-expanding-its-consumer-engagement-platform-and-advancing-growth-initiatives-301200651.html\">http:\/\/www.prnewswire.com\/news-releases\/augeo-acquires-deluxe-rewards-expanding-its-consumer-engagement-platform-and-advancing-growth-initiatives-301200651.html<\/a><\/p>\n<p>SOURCE  Augeo<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=CG37210&amp;Transmission_Id=202101050800PR_NEWS_USPR_____CG37210&amp;DateId=20210105\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire ST. PAUL, Minn., Jan. 5, 2021 \/PRNewswire\/ &#8212; Augeo, a leader in consumer, member, and employee loyalty and engagement solutions, announced today that it has acquired Deluxe Rewards, formerly a business entity of Deluxe (NYSE: DLX), a Trusted Business Technology\u2122 company. The acquisition of Deluxe Rewards, primarily located in Boca Raton, Florida, is effective December 31, 2020, and brings to Augeo, a patented, dual-currency, loyalty and engagement technology powered by an expansive collection of premium retail goods and travel services.\u00a0In addition, unique experiential rewards are available to end users at significantly reduced prices. The value to end users comes from these exclusive discounts, and Augeo can now offer clients a meaningful loyalty rewards program without the accrued liability &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/augeo-acquires-deluxe-rewards-expanding-its-consumer-engagement-platform-and-advancing-growth-initiatives\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Augeo Acquires Deluxe Rewards, Expanding Its Consumer Engagement Platform and Advancing Growth Initiatives&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-408438","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Augeo Acquires Deluxe Rewards, Expanding Its Consumer Engagement Platform and Advancing Growth Initiatives - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/augeo-acquires-deluxe-rewards-expanding-its-consumer-engagement-platform-and-advancing-growth-initiatives\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Augeo Acquires Deluxe Rewards, Expanding Its Consumer Engagement Platform and Advancing Growth Initiatives - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire ST. PAUL, Minn., Jan. 5, 2021 \/PRNewswire\/ &#8212; Augeo, a leader in consumer, member, and employee loyalty and engagement solutions, announced today that it has acquired Deluxe Rewards, formerly a business entity of Deluxe (NYSE: DLX), a Trusted Business Technology\u2122 company. The acquisition of Deluxe Rewards, primarily located in Boca Raton, Florida, is effective December 31, 2020, and brings to Augeo, a patented, dual-currency, loyalty and engagement technology powered by an expansive collection of premium retail goods and travel services.\u00a0In addition, unique experiential rewards are available to end users at significantly reduced prices. The value to end users comes from these exclusive discounts, and Augeo can now offer clients a meaningful loyalty rewards program without the accrued liability &hellip; Continue reading &quot;Augeo Acquires Deluxe Rewards, Expanding Its Consumer Engagement Platform and Advancing Growth Initiatives&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/augeo-acquires-deluxe-rewards-expanding-its-consumer-engagement-platform-and-advancing-growth-initiatives\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-01-05T13:03:44+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mma.prnewswire.com\/media\/661564\/Augeo_Logo.jpg\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/augeo-acquires-deluxe-rewards-expanding-its-consumer-engagement-platform-and-advancing-growth-initiatives\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/augeo-acquires-deluxe-rewards-expanding-its-consumer-engagement-platform-and-advancing-growth-initiatives\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Augeo Acquires Deluxe Rewards, Expanding Its Consumer Engagement Platform and Advancing Growth Initiatives\",\"datePublished\":\"2021-01-05T13:03:44+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/augeo-acquires-deluxe-rewards-expanding-its-consumer-engagement-platform-and-advancing-growth-initiatives\\\/\"},\"wordCount\":672,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/augeo-acquires-deluxe-rewards-expanding-its-consumer-engagement-platform-and-advancing-growth-initiatives\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/mma.prnewswire.com\\\/media\\\/661564\\\/Augeo_Logo.jpg\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/augeo-acquires-deluxe-rewards-expanding-its-consumer-engagement-platform-and-advancing-growth-initiatives\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/augeo-acquires-deluxe-rewards-expanding-its-consumer-engagement-platform-and-advancing-growth-initiatives\\\/\",\"name\":\"Augeo Acquires Deluxe Rewards, Expanding Its Consumer Engagement Platform and Advancing Growth Initiatives - 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PAUL, Minn., Jan. 5, 2021 \/PRNewswire\/ &#8212; Augeo, a leader in consumer, member, and employee loyalty and engagement solutions, announced today that it has acquired Deluxe Rewards, formerly a business entity of Deluxe (NYSE: DLX), a Trusted Business Technology\u2122 company. The acquisition of Deluxe Rewards, primarily located in Boca Raton, Florida, is effective December 31, 2020, and brings to Augeo, a patented, dual-currency, loyalty and engagement technology powered by an expansive collection of premium retail goods and travel services.\u00a0In addition, unique experiential rewards are available to end users at significantly reduced prices. The value to end users comes from these exclusive discounts, and Augeo can now offer clients a meaningful loyalty rewards program without the accrued liability &hellip; Continue reading \"Augeo Acquires Deluxe Rewards, Expanding Its Consumer Engagement Platform and Advancing Growth Initiatives\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/augeo-acquires-deluxe-rewards-expanding-its-consumer-engagement-platform-and-advancing-growth-initiatives\/","og_site_name":"Market Newsdesk","article_published_time":"2021-01-05T13:03:44+00:00","og_image":[{"url":"https:\/\/mma.prnewswire.com\/media\/661564\/Augeo_Logo.jpg","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/augeo-acquires-deluxe-rewards-expanding-its-consumer-engagement-platform-and-advancing-growth-initiatives\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/augeo-acquires-deluxe-rewards-expanding-its-consumer-engagement-platform-and-advancing-growth-initiatives\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Augeo Acquires Deluxe Rewards, Expanding Its Consumer Engagement Platform and Advancing Growth Initiatives","datePublished":"2021-01-05T13:03:44+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/augeo-acquires-deluxe-rewards-expanding-its-consumer-engagement-platform-and-advancing-growth-initiatives\/"},"wordCount":672,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/augeo-acquires-deluxe-rewards-expanding-its-consumer-engagement-platform-and-advancing-growth-initiatives\/#primaryimage"},"thumbnailUrl":"https:\/\/mma.prnewswire.com\/media\/661564\/Augeo_Logo.jpg","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/augeo-acquires-deluxe-rewards-expanding-its-consumer-engagement-platform-and-advancing-growth-initiatives\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/augeo-acquires-deluxe-rewards-expanding-its-consumer-engagement-platform-and-advancing-growth-initiatives\/","name":"Augeo Acquires Deluxe Rewards, Expanding Its Consumer Engagement Platform and Advancing Growth Initiatives - 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