Wed, Jul 1, 2020
Kroll Acquires Verus Analytics
Expands firm’s suite of government services and data analytics solutions
New York – Kroll, the global leader in risk mitigation, investigations, compliance, cyber resilience, security and incident response solutions, today announced that it has acquired Verus Analytics LLC (“Verus”), the leading regulatory compliance provider of data-driven unclaimed property recovery services on behalf of state governments.
Verus is a premier trusted advisor to U.S. state governments and is focused on regulatory compliance matters and fraud detection and prevention solutions for government entities. The company utilizes their proprietary data analytics platform and experienced team of data scientists and subject matter experts to solve critical questions facing state governments related to compliance, risks and transparency.
Following the acquisition, the Verus team will be led by current Chief Operating Officer and General Counsel Caroline Marshall.
Jacob Silverman, President of Duff & Phelps, commented, “Verus’ focus on technology-based solutions for complex issues facing governments is a strategic extension of our business, and complements the work of our Kroll Business Intelligence and Investigations and Cyber Risk teams, as well as our valuation and corporate finance expertise. Importantly, the Verus team shares our same cultural ethos of professionalism, collaboration and transparency. I am thrilled to welcome Verus to Kroll.”
Caroline Marshall added, “Duff & Phelps is the ideal partner given their complementary capabilities and shared vision and strategic focus on providing the best-in-class services focused on risk, governance, transparency and compliance. Their global network and robust suite of services provides us the opportunity to expand and strengthen our current platform capabilities that we can provide to state governments on critical matters.”
Kroll is the world’s premier provider of services and digital products related to governance, risk and transparency. We work with clients across diverse sectors in the areas of valuation, expert services, investigations, cyber security, corporate finance, restructuring, claims administration, data analytics and regulatory compliance. Our firm has nearly 5,000 professionals in 30 countries and territories around the world. For more information, visit www.kroll.com.
M&A advisory, capital raising and secondary market advisory services in the United States are provided by Duff & Phelps Securities, LLC. Member FINRA/SIPC. Pagemill Partners is a Division of Duff & Phelps Securities, LLC. M&A advisory, capital raising and secondary market advisory services in the United Kingdom are provided by Duff & Phelps Securities Ltd. (DPSL), which is authorized and regulated by the Financial Conduct Authority. Valuation Advisory Services in India are provided by Duff & Phelps India Private Limited under a category 1 merchant banker license issued by the Securities and Exchange Board of India.
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