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New Deal


Announced

Appriss to acquire Innovative Enterprises.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Pending

data service provider

Majority

Friendly

United States

Information / Data Services

Private

Single Bidder

Synopsis

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Appriss, a provider of data analytics solutions, agreed to acquire Innovative Enterprises, a top data service provider for the background screening industry. Financial terms were not disclosed. “As leaders in the background screening market, the partnership of Appriss and Innovative creates exciting new synergies that are simply not possible through any other combination. This fusion of unique data sets and capabilities will fuel the creation of game-changing risk management solutions that will forever rewrite the course of the screening industry and other significant risk mitigation verticals," Cliff Williams, Innovative Enterprises CEO.

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