France's Sodexo buys U.S. software company Inspirus

Reuters News
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Posted: Sep 07, 2016 8:47 AM

PARIS (Reuters) - French facilities management and vouchers group Sodexo said on Wednesday it was buying Inspirus, a U.S. company that sells software that helps employers develop programmes to reward and motivate staff.

Financial terms were not disclosed.

The acquisition of Inspirus, based in Fort Worth, Texas, with a staff of 120 and a client base of over 350, will boost Sodexo's footprint in the high-growth employee incentive market and in the United States, the statement said.

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It comes two years after Sodexo bought British company Motivcom for 41 million pounds ($54.87 million).

(Reporting by Dominique Vidalon; Edited by Brian Love)