Permira Growth Opportunities II, a fund advised by global private equity firm Permira, has acquired a majority stake in BioCatch, the Israel based digital fraud detection and financial crime prevention startup, from Bain Capital Tech Opportunities and Maverick Ventures, in a secondary transaction valuing BioCatch at a total enterprise valuation of USD 1.3bn. Alongside Perfira’s investment, existing shareholders Sapphire Ventures and Macquarie Capital have increased their investments in BioCatch.
- Target – Biocatch LTD
- Buyer – Sapphire Ventures (international) Uk LTD
- Buyer – Permira Advisers Holdings limited
- Buyer – Macquarie Capital (europe) limited
- Seller – Maverick ventures
- Seller – Bain Capital Private Equity (europe), llp