lovelectric acquired by employee wellbeing company Perkbox

This story was updated at 11:16 on 15 December 2025

PERKBOX, which helps companies strengthen their cultures by bringing together employee wellbeing, benefits and engagement via an app, has entered into an agreement to acquire loveelctric.

The B Corp certified electric vehicle salary sacrifice provider was set up in 2021 and is the winner of the 2025 Broker News award for Best Salary Sacrifice broker. It now supports more than 1,500 employers and over 125,000 employees. The company is known for its focus on widening access to electric vehicles through one of the broadest selections of used and new EVs in the market.

Perkbox believes meaningful benefits should be available to every employee, and loveelectric’s solutions make EV salary sacrifice more inclusive and ensure it reaches employees across a range of income levels.

More than 7,500 organisations and nearly 4 million employees worldwide use Perkbox as their partner in employee experience, including more than 80 per cent of the NHS.

Steve Tigar, Founder and CEO of loveelectric said: “I’ve long admired Perkbox, and I am thrilled that loveelectric will now join a company whose mission and purpose align so closely with our own. I’m incredibly proud of what the loveelectric team has achieved including being named Scottish Fintech of the Year, and Scotland’s Fastest Growing Business in 2025.”

“With access to over four million employees across the UK, Perkbox is the perfect partner for our next phase of growth. With Perkbox we can dramatically accelerate the adoption of electric cars by helping businesses offer a benefit that is both financially compelling and environmentally meaningful.”

Steve Tigar, Founder and CEO, loveelectric Tweet

Upon completion, the combination of Perkbox’s unified platform and loveelectric’s specialist capability will give employers a more integrated way to offer and manage EV salary sacrifice alongside their wider benefits.

Both organisations take a practical, technology led approach, reflected in loveelectric’s virtual EV charge card that can be used at home, at work and across public charging networks wherever card payments are accepted. This helps remove a common barrier to EV adoption and gives employees a clear and consistent way to manage their charging. It also supports Perkbox’s aim to provide everyday tools that are easy for employees to use and straightforward for HR teams to administer.

Doug Butler, CEO of Perkbox said: “I am thrilled to welcome loveelectric to Perkbox and equally excited to add its impactful offerings to our unified platform. Steve and team have grown loveelectric into a formidable business providing meaningful benefits to employees and the environment, and I know that their innovative and passionate culture will greatly contribute to Perkbox’s own mission to ensure that Every Employee is Valued.”

Perkbox says that loveelectric’s B Corp status and carbon neutral accreditation provide further reassurance for organisations that want benefit partners who demonstrate responsible practices and support wider ESG priorities.

Tano di Girolamo has announced his return to the leasing broker industry by joining loveelectric under its new owners Perkbox. According to a post on LinkedIn, Tano said: “Alongside the team I will helping loveelectric in the next phase of growth by further developing relations with funders and OEMs to bring more accessible and affordable EVs to millions more employees using Perkbox benefits platform.” See our story: A leasing legend returns.