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New Deal


Announced

Completed

Thoma Bravo-backed Veriforce completed the acquisition of CHAS from Merton.

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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Acquisition

Private

Private Equity

Friendly

Single Bidder

United Kingdom

Majority

compliance management

Cross Border

Risk and Compliance

Completed

Synopsis

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Thoma Bravo-backed Veriforce, a computer software company, completed the acquisition of CHAS, a compliance management solution provider, from Merton, an outer London borough to the south-west of the capital. Financial terms were not disclosed. "For 30 years, Veriforce has been working with the world's leading companies to make work safer. It's more important now than ever, and we know that coming together with CHAS will strengthen both companies' ability to deliver on our mission. We're excited to bring this incredible offering to the market and work with our existing and new clients to build a truly global solution for managing risk in the supply chain," Colby Lane, Veriforce CEO.

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