That inspired the creation of VINE® which set our north star back in 1995. “The founders, Mike Davis and Yung Nguyen, believed then that timely data and technology could have saved Mary’s life. "The founding of Appriss was inspired by the tragic murder of a young woman, Mary Byron, 27 years ago,” said Krishnan Sastry, CEO of Appriss Inc. First announced in August 2021, the sale of Appriss Insights is expected to further enhance Equifax’s fast growing and market-leading Workforce Solutions. (together with its affiliates, "Clearlake") and New York-based global private equity and venture capital firm Insight Partners.Īppriss Insights provides data and analytics solutions to government agencies and commercial enterprises to improve community and workplace safety, improve healthcare credentialing, enable more effective law enforcement investigations, and mitigate fraud and improper payments in government entitlement programs. is backed by Clearlake Capital Group, L.P. in an all-cash transaction for $1.825 billion. (“Appriss”), a pioneer in data and analytics solutions that mitigate risks, improve health, and save lives, today announced that they have closed the sale of Appriss Insights, LLC (“Appriss Insights”), a wholly owned business unit, to Equifax, Inc. 05, 2021 (GLOBE NEWSWIRE) - Appriss, Inc. We are extending the scope of our verification capabilities beyond income and employment with Appriss Insights' unique data assets which feature industry-leading automation, coverage and accuracy.Louisville, KY, Oct. "Our strong performance and balance sheet allow Equifax to reinvest our cash flow in this accretive and strategic acquisition that will strengthen our largest, fastest-growing business unit - Workforce Solutions - for additional growth by building on our differentiated verifications data and expertise while further diversifying Equifax. Begor said: "The acquisition of Appriss Insights' industry-leading data platforms will further position Equifax as the resource of choice for public and private sector decision intelligence. The business is expected to generate around $150m of revenue in 2021, up 30% on the year, and the transaction is set to be "strongly" accretive to Equifax adjusted earnings per share next year.Įquifax chief executive Mark W. Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.Īppriss, a portfolio company of Clearlake and Insight Partners, provides data used in public and workplace safety, law enforcement, fraud detection and prevention, and healthcare credentialing.Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds.Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so.Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body.Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services. Obtains access to the information in a personal capacity.I am a private investor* I am not a private investor *A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:
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