On May 9 2017, GB Group plc ("GBG"), the Identity Data Intelligence specialist, announced that it has conditionally agreed to acquire Postcode Anywhere (Holdings) Ltd. ("PCA Predict" or "the Company"), a leading software-as-a-service provider of real-time global address validation and data quality solutions to online merchants, for a total consideration of £74 million.
Pagemill Partners, a division of Duff & Phelps, served as exclusive financial advisor to the shareholders of PCA Predict.
Guy Mucklow, President and co-founder of PCA Predict, commented: "We were delighted with the process that Pagemill Partners conducted on our behalf. It was professional, rigorous and has achieved the best outcome for our business and the shareholders. With the acquisition by GB Group, we feel that we have found the perfect home for PCA."
About PCA Predict
PCA Predict provides global address validation and data quality services, and is a market leader in international onboarding, checkout optimization and data cleansing. The Company’s data services are delivered via the cloud over its easy to deploy software-as-a-service platform, enabling seamless integration for PCA Predict's customers, providing them with immediate access to the latest data updates. For more information, visit www.pcapredict.com/en-gb
GBG is a specialist in Identity Data Intelligence which supports over 6,000 clients in 70 countries. The firm helps organizations make decisions about the customers they serve and the people they employ. It provides various business solutions that are focused on informing decisions about customers or employees in areas such as employing people, registering identities, verifying identities, fighting fraud and locating people. For more information, visit www.gbgplc.com/uk