Atlanta-based IDology being acquired by U.K.'s GBG for $300M

Atlanta-based identification verification firm IDology is being bought by the United Kingdom’s GB Group plc for $300 million in cash, the companies announced Monday.

Founded in 2003, IDology provides digital identity verification and authentication services that fight fraud. GBG provides similar identity data services that help organisations quickly validate and verify the identity and location of their customers. GB Group generated $154 million in revenue in 2018, and has more than 800 employees.


Original published: 2019-02-11 18:40:11 Read the full Atlanta News here

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