News

Village Roadshow sells Edge Loyalty Systems for $32.3m

Hannah Blackiston

August 30, 2019 8:20

Village Roadshow has signed an agreement to sell solutions agency Edge Loyalty Systems for an enterprise value of $32.3m to gift card and payment management platform Blackhawk Network.

The transaction is still subject to approval from Australia’s Foreign Investment Review Board but is expected to be completed by November 2019. Edge CEO Fergus Koochew will go across with the business and continue to lead it post-acquisition.

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Hannah Blackiston

Hannah Blackiston was the deputy editor of Mumbrella. She worked with the company from March 2019 to November 2020.

Topics

Blackhawk Network Edge Loyalty Fergus Koochew Village Roadshow

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