M&A Deal Summary

Veri-Tax Acquires Verification Bureau

On October 23, 2012, Veri-Tax acquired software company Verification Bureau

Acquisition Highlights
  • This is Veri-Tax’s 1st transaction in the Software sector.
  • This is Veri-Tax’s 1st transaction in the United States.
  • This is Veri-Tax’s 1st transaction in Florida.

M&A Deal Summary

Date 2012-10-23
Target Verification Bureau
Sector Software
Buyer(s) Veri-Tax
Deal Type Add-on Acquisition

Target

Verification Bureau

Miami, Florida, United States
Verification Bureau, a leading verification and fraud detection service provider for loan originators, underwriters, loan processors and financial institutions, will continue to operate as an independent entity through its offices in Miami, Florida.

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Buyer(S) 1

Buyer

Veri-Tax

Irvine, California, United States

Category Company
Founded 1998
Sector Financial Services
DESCRIPTION

Veri-tax LLC is a provider of tax verification and fraud management solutions to the mortgage lending and consumer credit industries, helping organizations more quickly and securely process borrower income and tax documentation.


DEAL STATS #
Overall 1 of 1
Sector: Software M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Florida M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2012 M&A 1 of 1