Share this post
The acquisition will expand GBG’s global identity verification and fraud prevention capability in a key growth market
- IDology provides GBG with a strong foothold for Identity Verification and Fraud Prevention in North America, a key growth region for the company.
- The acquisition will strengthen GBG’s product portfolio and enhance its world-class customer experience, while delivering unbeatable regulatory compliance.
- A strong cultural alignment based on an established commercial partnership.
GBG, the UK-headquartered Identity Data Intelligence specialist, today announces that it has conditionally agreed to acquire the entire issued share capital of IDology, a US-based provider of identity verification and fraud prevention services, for a total consideration of £233m ($300m) in an all-cash transaction.
Read more here.