Apax Funds to acquire majority stake in Veriforce from Thoma Bravo - Private Equity Wire
Summary
Apax Partners LLP is to acquire a controlling stake in Veriforce, a global provider of supply chain risk management solutions (SCRM), from the software-focused private investment firm Thoma Bravo. Veriforce, headquartered in the United States, is one of the largest providers of integrated SCRM solutions, with operations spanning the US, Canada, and the UK. The company’s offerings focus on verifying contractor services to ensure safety and compliance across supply chains in multiple industries. Sine being acquired by Thoma Bravo five years ago, Veriforce has seen rapid growth, expanding its contractor network across various sectors and countries. The company now operates in over 140 countries, supporting more than five million workers daily.
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