GB Group, a digital location, identity, and identity fraud software manufacturer, completed the acquisition of Acuant, an identity verification and KYC/AML compliance provider, from Audax, a private equity firm, for $736m. "This is an exciting day for Acuant. We are very proud of everything that Acuant has achieved to date – building a world-class technology portfolio and a strong market position across multiple sectors. There is still significant opportunity ahead and joining the GBG family is the best way for us to capitalise on those opportunities. Our customer, technology and geographical mix are complementary and culturally we are aligned in our mission, vision, and how we invest in our people and look after our customers. We are very much looking forward to working together in the years ahead," Yossi Zekri, Acuant CEO.