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Announced

Completed

Great Hill Partners completed a $150m investment in Jumio.

Financials

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Transaction Value£108m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Single Bidder

mobile payments

Completed

Payments / Commerce

Private Equity

Minority

Domestic

Private

United States

Friendly

Synopsis

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Great Hill Partners, a private equity firm that invests in high-growth, disruptive companies, completed a $150m investment in Jumio, an online mobile payments and identity verification company. “Jumio has established itself as the de facto global leader in online identity verification, fraud detection and compliance. Organizations must digitally transform their onboarding, KYC and AML monitoring processes, which have become even more vital as the volume of online and mobile payments reaches historic highs. We’re impressed with this team, the company’s robust growth over the last year, its global coverage and the global market opportunity,” Nick Cayer, Great Hill Partner.

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