CVC Agrees to sell Kount to Equifax

CVC Capital Partners announced that the CVC Growth Fund has signed a definitive agreement to sell Kount, a provider of Artificial Intelligence-driven fraud prevention and digital identity solutions, to global data and analytics company Equifax in a deal valued at $640 million.

“Kount was an industry leader when the CVC Growth Fund invested, and since then the company has gone from strength to strength under CEO Brad Wiskirchen’s leadership, more than tripling revenue during the investment period,” said Jason Glass, Partner at CVC Growth Partners.

Formed in 2007, Kount’s best-in-class fraud prevention solutions protect the customer journey and digital innovations for over 9,000 brands globally. The Company has earned recognition as a leader in digital fraud prevention, with over 13 years of data informing its advanced Machine Learning (ML) and AI-based models.

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