Announced
Financials
Sources
Tags
fraud prevention
United States
IT Services: Other
Acquisition
Domestic
Private
Majority
Private Equity
Pending
Friendly
Single Bidder
Synopsis
Accel-KKR, a technology-focused private equity firm, agreed to acquire Accertify, a provider of fraud prevention, chargeback management, account protection, and payment gateway solutions, from American Express, an American bank holding company. Financial terms were not disclosed. "Since our inception, Accertify has focused on the success of our customers, constantly delivering value and helping them grow. I am so proud of our team's accomplishments. We are excited to write our next chapter with Accel-KKR. We have experienced tremendous growth and accomplished so much with American Express; our thanks to Amex for their support and leadership," Mark Michelon, Accertify President.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.