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Benefex

Employee reward and benefit services and software

Company overview

The first company backed by BGF, Benefex helps companies large and small to design, implement and manage their employee benefit and rewards schemes through technology solutions.

During BGF’s investment, the company expanded its product and service portfolio as well as operations in the USA and Asia-Pacific. In 2015, it was recognised in the London Stock Exchange’s 1000 Companies to Inspire Britain. Benefex has won over 50 awards for its services and supported over one million employees in 250 global organisations across 25 countries.

The business was acquired by Bain Capital in 2018.

Company information

Head office
  • Southampton
Founder & CEO
  • Matt Macri-Waller
Chair
BGF office
Investment date
  • Oct 2011 - Aug 2018
Total BGF investment
  • £5.5 million