GTCR-backed Callcredit acquires Confirma

This is the third acquisition for Callcredit, which previously acquired customer experience specialist Numero in March 2016 and device fraud protection firm Recipero in September 2016.

The acquisition is expected to speed up the international expansion of Callcredit's fraud prevention and risk management business and will enable it to offer its fraud detection service to a wider client base.

Previous funding
GTCR acquired Callcredit in February 2014 from Vitruvian Partners for £480m. 

Company
Confirma is a Spain-based financial fraud prevention and anti-money-laundering software developer, helping institutions detect fraud at the time of credit application. The company operates in the banking, insurance, consumer finance, retail, financial technology, telecommunications and utilities sectors.

Confirma was founded in Madrid in 2011 and employs 10 people.

People
Callcredit Information Group – Mike Gordon (CEO).

Advisers
Acquirer – BDO Spain (financial due diligence); Écija (legal).

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