Tovar has played a key role in the global
fintech company's three recent acquisitions in six months, and will
manage all post-purchase integrations in his new position
TORONTO , Aug. 23,
2022 /PRNewswire/ - Global fintech company Givex
announced today the promotion of longtime employee Juan Tovar to SVP of Corporate Integrations.
This news comes on the heels of Givex's most recent acquisition of
UK-based Counter Solutions, LTD., the third acquisition in the last
six months.
After joining Givex in 2010 as Director of Client Services,
Tovar was promoted in 2015 to Vice President of Client Services. In
his new role as SVP of Corporate Integrations, Tovar will continue
to play a key role in Givex's acquisition growth strategy.
"Givex has made major strides in our strategic growth plan with
the acquisitions of Counter Solutions, Loyalty Lane and Kalex in
the last six months," said Don Gray,
CEO of Givex. "One of the most important parts of the acquisition
process is the after-purchase integration of new team members and
products with Givex tools and procedures. Juan has done a fantastic
job of making this process as seamless as possible for both current
and new team members while adhering to our proven internal
processes. With the support of Juan and other key members of our
team, our plan is to continue looking for acquisition opportunities
in all of our markets to continue building our client base."
To support its growth strategy, Givex has acquired four
companies in 18 months, which add additional products to Givex's
tech ecosystem and expand the depth of its global client base. This
strategy has proven to be successful, with the company's Q2
financial results reporting a revenue increase of 36% to
$16.8 million and an increase in
customer locations of 25% to 116,000, compared to the three-month
period ending June 30, 2021.
17% of Givex's 323 employees have been with the company for more
than ten years, and 32% have been at Givex for more than five
years. Longevity is a rarity in the turnover-heavy technology
industry, which illustrates the company's commitment to employee
retention and career development.
"I am just as inspired and grateful to work at this company
today as I was when I started twelve years ago," said Tovar. "The
Givex team is constantly innovating and expanding our presence in
the marketplace while also finding new ways to reward long-tenured
employees and keep them invested in the company's success."
Due to its rapid growth, Givex is hiring for a number of roles
in various departments. For more information about current job
openings, please visit https://careers.givex.com/.
About Givex
Givex (TSX: GIVX) (OTCQX: GIVXF) is a global fintech company
providing merchants with customer engagement, point of sale and
payment solutions, all in a single platform. We are integrated with
1000+ technology partners, creating a fully end-to-end solution
that delivers powerful customer insights. Our platform is used by
some of the world's largest brands, comprising approximately
116,000 locations across more than 100 countries. Learn more
at givex.com.
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SOURCE Givex