Announced
Completed
Financials
Tags
Friendly
Acquisition
IT Services: Other
Private Equity
Single Bidder
Completed
Private
id proofing
regulatory compliance
Domestic
Minority
United States
Synopsis
Long Ridge Equity Partners, a private equity firm, completed the acquisition of a minority stake in AuthenticID, a provider of Identity Proofing solutions for large enterprises, for $100m. “Our platform is relied upon by a majority of the US wireless carriers and various identity platforms to securely establish identity. Our differentiator is the significant ROI we deliver to customers, from stopping more fraud to converting more sales than our digital identity competitors. Our mission is to improve the security for all of our collective identities," Jeff S. Jani, AuthenticID CEO.
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