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New Deal


Announced

Corsair Capital-backed IDnow to acquire identity Trust Management.

Synopsis

Corsair Capital-backed IDnow, a provider of Identity Verification-as-a-Service solutions, agreed to acquire identity Trust Management, an international provider of digital and offline identification solutions from Germany. Financial terms were not disclosed. "identity Trust Management has built an impressive company both in terms of product portfolio and client relationships. We have known the leadership team for years and have established a partnership rooted in deep loyalty and mutual understanding. We are excited to welcome identity Trust Management’s talented team to the IDnow family and look forward to combining the strengths of both companies to create a unified, market-leading brand," Andreas Bodczek, IDnow CEO.

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