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New Deal


Announced

Completed

Audax completed the acquisition of a controlling Interest in Acuant from Insight, Lightview and Egis.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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identity verification technologies

Private Equity

intelligent data capture

Acquisition

Friendly

United States

Software

advanced document authentication

Majority

Completed

Private

Single Bidder

Synopsis

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Audax, a provider of financial services, completed the acquisition of controlling interest in Acuant, an identity verification platform, from Insight, Lightview and Egis. Financial terms were not disclosed. “We selected Audax because they share our vision and commitment to creating frictionless, trusted transactions that protect businesses from unnecessary risk. By bringing on Audax as an investment partner, we now have what we believe are the strategic resources to dramatically accelerate Acuant’s growth. With Audax on board, we plan to accelerate expansion into new product lines while continuing to innovate within our current product portfolio,” Yossi Zekri, Acuant President and CEO.

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