Announced
Completed
Financials
Sources
Tags
Employment Verification Services
background screening
immigration compliance
United Arab Emirates
Information / Data Services
Acquisition
Cross Border
Private
Private Equity
Majority
Completed
Friendly
Single Bidder
Synopsis
Arcapita Group Holdings, the global alternative investment firm, completed the acquisition of DataFlow Group, an international provider of credential verification services, from EQT Private Equity, a global investment organization. Financial terms were not disclosed. “We look forward to joining forces with Arcapita for our next phase of growth and transformation, where their investment will provide The DataFlow Group with enhanced access to cutting-edge technologies like artificial intelligence, blockchain, and machine learning, enabling us to serve our stakeholders better and accelerate our growth. We have solid growth targets for the coming years, and Arcapita’s track record, coupled with a strong leadership team, will enable us to improve our services to meet our clients’ needs best and drive transformation. We thank EQT for supporting The DataFlow Group in reaching this growth phase," Sunil Kumar, DataFlow CEO.
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