First Advantage Acquires Infinite ID for $41M
September 5, 2023
First Advantage Corporation (NASDAQ: FA) has acquired Infinite ID, a U.S.-based digital identity authentication company and portfolio company of Enlightenment Capital, in an all-cash transaction valued at $41 million. The deal expands First Advantage's digital identity and authentication capabilities in the United States by integrating Infinite ID's biometric and identity solutions into its screening and identity product portfolio.
- Buyers
- First Advantage Corporation
- Targets
- Infinite ID
- Sellers
- Enlightenment Capital
- Industry
- Cybersecurity
- Location
- New York, United States
- Transaction Type
- Buyout
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