M&A Deal Summary

Certn Acquires Trustmatic

On November 7, 2023, Certn acquired information technology company Trustmatic

Acquisition Highlights
  • This is Certn’s 1st transaction in the Information Technology sector.
  • This is Certn’s 1st transaction in Slovakia.

M&A Deal Summary

Date 2023-11-07
Target Trustmatic
Sector Information Technology
Buyer(s) Certn
Deal Type Add-on Acquisition

Target

Trustmatic

Bratislava, Slovakia
Trustmatic is an identity verification company that helps businesses detect advanced fraud attacks and onboard more users into their platforms with accuracy. The company enables users to verify their identity in seconds using just their ID and a selfie while maintaining a seamless user experience and a high level of security. Trustmatic is based in Bratislava, Slovakia.

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Buyer(S) 1

Buyer

Certn

Victoria, British Columbia, Canada

Category Company
Founded 2016
Sector Information Technology
DESCRIPTION

Certn delivers fast, friendly, and comprehensive background screening that helps businesses make fact-based hiring decisions, lowers hiring costs, and improves the user experience for applicants and recruiters. Used by enterprise, mid-market, and small business leaders looking to hire the right candidates, the company modernizes the background check process and builds a foundation of trust. Its human risk intelligence solution uses AI and machine learning to streamline the candidate screening process, reduce costs and boost total time to value (TTV) for HR and operations leaders around the globe. Certn was formed in 2016 and is based in Victoria, British Columbia.


DEAL STATS #
Overall 2 of 2
Sector: Information Technology M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 2
Country: Slovakia M&A 1 of 1
Year: 2023 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-01-25 Credence Background Screening

Sevenoaks, United Kingdom

Credence Background Screening delivers a highly professional pre-employment screening service in consultation with clients and offers the flexibility required to meet individual client needs. The company primarily serves Europe, Middle East, and Africa (EMEA) markets and boasts an enviable client list, ranging from top-tier professional services clients to stage companies and some of the largest sporting organizations in the world. Credence Background Screening was formed in 1995 and is based in Sevenoaks, United Kingdom.

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