Permira completed the acquisition of BioCatch from Bain Capital Tech Opportunities and Maverick Ventures for $1.3bn.

Permira, a private equity firm, completed the acquisition of BioCatch, a digital fraud detection and financial crime prevention powered by behavioral biometric intelligence, from Bain Capital Tech Opportunities, a growth investing firm, and Maverick Ventures, a registered investment advisor managing private investment funds for qualified investors, for $1.3bn. "After building a strong partnership with Permira over the last year, we are delighted to welcome them as majority shareholders. The firm's impressive experience within technology and cybersecurity, combined with their scale, global network, and our close working relationship, has been invaluable since their initial investment. We're excited to take BioCatch to the next level together. I'd also like to thank Matthew Kinsella from Maverick Ventures and Dewey Awad from Bain Capital for their support over the last four years, which has been key in helping us establish our leadership position in the market," Gadi Mazor, BioCatch CEO.