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New Deal


Announced

Completed

ABS Capital-backed RIBBIT completed the acquisition of ValidiFI.

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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Majority

United States

Private Equity

Friendly

Completed

Risk and Compliance

Acquisition

risk mitigation

Private

Domestic

Single Bidder

Synopsis

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ABS Capital-backed RIBBIT, the authority on alternative bank and payment data, completed the acquisition of ValidiFI, a provider of fraud, compliance, and risk mitigation solutions. Financial terms were not disclosed. “Through this process, I have been impressed by the commonality of entrepreneurial grit and innovation between our two companies. I am confident that our combined company will raise the bar in terms of predictive insights and leading-edge customer solutions," Oscar DiVeroli, ValidiFI Founder and CEO.

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