Chris Clark

GBG Acquire Acuant, Bringing Together Combined Revenue of c.£265 Million

GB Group announced that it has reached agreement to acquire Acuant, a leading identity verification and KYC/AML compliance provider, for a cash-free, debt-free enterprise value of $736 million. The acquisition of Acuant brings together two of the leaders in the global digital identity market with a combined revenue of c.£265 million. A long-time partner, Acuant has a product suite that is a natural complement to GBG’s existing US-based services from IDology.