Capillary Technologies completed its acquisition of SessionM from Mastercard on May 1, 2026, after satisfying closing conditions on a deal first announced in February. SessionM is a customer engagement and loyalty business whose client base includes Fortune 500 retailers, airlines and consumer packaged goods brands. Capillary, an enterprise loyalty software provider, said the acquisition strengthens its footprint and broadens its loyalty capabilities. “By bringing SessionM into our portfolio, we are not just expanding our footprint across the globe, we are further strengthening our loyalty capabilities to deliver one of the industry’s most comprehensive offerings,” said Aneesh Reddy, founder and chief executive of Capillary Technologies. Consolidation continues across the loyalty technology sector, where platform vendors are acquiring capabilities and client portfolios to compete for enterprise programs.
