Dye & Durham selling Credas Technologies to SmartSearch for 77.8 million pounds

Dye & Durham selling Credas Technologies to SmartSearch for 77.8 million pounds

TORONTO - Dye & Durham Ltd. says it has signed a deal to sell Credas Technologies Ltd. to SmartSearch, a provider of anti-money laundering software in the United Kingdom.

Dye & Durham Sells Anti-Money Laundering Unit Credas for $104M to SmartSearch - USA Herald

In a decisive move to fortify its balance sheet and shift gears from aggressive expansion to financial discipline, Dye & Durham Ltd. announced Tuesday that it will sell its U.K.-based subsidiary Credas Technologies Ltd. to British anti-money laundering software provider SmartSearch for £77.8 million ($104.4 million). The deal marks a pivotal moment for the Toronto-based legal technology company as it seeks to repay senior secured debt and sharpe…

SmartSearch to acquire Credas Technologies in move to strengthen digital compliance offering

SmartSearch has agreed to acquire Credas Technologies Ltd, a leading provider of identity verification solutions for the legal and property industries. The acquisition, which is subject to regulatory approval, will strengthen SmartSearch’s position as one of the UK’s leading digital Know Your Customer (KYC) and Anti-Money Laundering (AML) compliance platforms. The integration of Credas’ technology and expertise will expand SmartSearch’s product …

SmartSearch acquires Credas to boost UK AML compliance

SmartSearch acquires Credas to expand its UK KYC and AML platform. Read more about this major RegTech growth move today!

SmartSearch buys Credas to expand KYC capabilities

SmartSearch has announced its agreement to acquire Credas Technologies, a major identity verification provider serving the legal and property sectors. The acquisition, which remains subject to regulatory approval, marks a significant milestone in SmartSearch’s growth journey within the RegTech space. The deal aims to enhance SmartSearch’s position as one of the UK’s foremost digital compliance providers by integrating Credas’ established brand, …

Private equity-backed SmartSearch swoops for Credas

Yorkshire tech firm SmartSearch has agreed a deal to acquire Credas Technologies, a Cardiff-based provider of identity verification solutions for the legal and property sectors.  SmartSearch, based in Ilkley, West Yorkshire, says the strategic acquisition enhances its position as one of the UK’s foremost digital Know Your Customer (KYC) and Anti-Money Laundering (AML) compliance platforms. The deal is subject to regulatory approval. Credas curre…