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  6. Onfido Acquires Airside

M&A Deal Summary

Onfido Acquires Airside

On May 22, 2023, Onfido acquired information technology company Airside

Acquisition Highlights
  • This is Onfido’s 1st transaction in the Information Technology sector.
  • This is Onfido’s 1st transaction in the United States.
  • This is Onfido’s 1st transaction in Virginia.

M&A Deal Summary
Date 2023-05-22
Target Airside
Sector Information Technology
Buyer(s) Onfido
Deal Type Add-on Acquisition

Target

Airside

Herndon, Virginia, United States
Airside provides trusted connections between individuals and businesses by enabling instant identity proof and sharing for access to fast, streamlined services. Airside was founded in 2009 and is based in Herndon, Virginia.

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Buyer(S) 1

Buyer

Onfido

London , United Kingdom
Category Company
Founded 2012
Sector Internet Software and Services
DESCRIPTION

Onfido is a biometric and identity verification (IDV) technology provider that enables the know-your-customer (KYC), anti-money-laundering (AML), user registration, and identification processes for blue-chip customers in 60+ countries around the world. Onfido was founded in 2012 and is based in London, United Kingdom.

DEAL STATS #
Overall 1 of 1
Sector: Information Technology M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Virginia M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2023 M&A 1 of 1
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