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New Deal


Announced

Completed

Thoma Bravo-backed Veriforce completed the acquisition of Global Worker Pass.

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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Private Equity

Acquisition

Majority

Single Bidder

United States

software solutions

Software

Domestic

Private

Completed

Friendly

Synopsis

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Thoma Bravo-backed Veriforce, a provider of supply chain risk and compliance management solutions, completed the acquisition of Global Worker Pass, an innovative software solution designed to streamline the process of verifying workers’ qualifications and certifications in real-time. Financial terms were not disclosed. The Global Worker Pass provides Veriforce’s customers with a centralized system for managing worker data, including tracking competencies, certifications, training records, and other important information. The platform offers real-time alerts when certifications are about to expire, helping companies ensure their workers are always up-to-date on their training and qualifications, which is crucial for maintaining a safe and productive work environment.

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