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New Deal


Announced

Completed

Acuant completed the acquisition of IdentityMind from an investment consortium.

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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United States

Software

Acquisition

Completed

software development

Majority

Friendly

Single Bidder

Private

Domestic

Private Equity

Synopsis

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Acuant, a global provider of identity verification solutions, completed the acquisition of IdentityMind, a software company based in Palo Alto, California from an investment consortium. Financial terms were not disclosed. "Never before has identity been so critical to building and maintaining a stable and productive economy. Businesses must rely on trusted identities to successfully transact, fight fraud and stay compliant. Our Trusted Identity Platform, now with IdentityMind's orchestration layer, creates a new standard in identity verification," Yossi Zekri, Acuant President and CEO.

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