In April, Idemia, a biometrics and identity verification company, was purchased by Amadeus for $1.4B at a 1.7 times revenue multiple to demonstrate its long-term commitment to biometrics as part of its broader platform strategy.
We tracked 1 megadeal in the RegTech sector – Allfunds Group, a wealth management software, was acquired by Deutsche Börse for $6.2B at a 3.1 times revenue multiple in January to create a leading business in the financial sector.
PureEHS, a workplace safety, employee health, training, and compliance software company, was sold to the private equity firm Peak Rock Capital for $210M to enable stronger investment in product innovation, expanded customer reach, and a more comprehensive platform for workplace health, safety, and compliance management.
In May, the Brazilian company idwall Tecnologia, a digital identity management software business, was purchased by Serasa Experian, a data analytics software enterprise, for $81M to allow Serasa to strengthen its position in digital identity and fraud prevention.
Also in May, Information Services Corporation, a Canadian online registry and information management services company, was sold to Plenary, a provider of public and private infrastructure development and management services, for $703M to accelerate growth across ISC’s core registry and technology services, broaden its offerings to financial and legal customers, and support continued investment while preserving its market position.