A Preiskel & Co team, led by partners, Danny Preiskel and Karthyaeni Vittala advised long standing client, TMT ID, a leading mobile data and identity intelligence company, in securing a £30 million investment from BGF, a UK and Ireland’ active growth capital investor, to support expansion and help global firms combat cybercrime, prevent fraud and build digital trust.
It was a relatively complex international transaction given the many approved and unapproved employee option holders based in a range of countries and the mix of primary and secondary investment.
John Wilkinson, CEO and Co-founder at TMT Analysis said:
“We are delighted to announce BGF’s investment in TMT ID. At a time when fraud and digital threats are escalating worldwide, the ability to verify users, detect risk, and protect customers has never been more critical. TMT ID’s mobile identity and number intelligence solutions deliver real-time insights that allow enterprises to build trust, prevent fraud and optimise decision-making.
“BGF’s investment marks a significant milestone in our continued growth trajectory. It provides the strategic partnership needed to accelerate innovation, strengthen our global reach, and expand the depth and breadth of our services. We look forward to working closely with BGF to scale our technology and continue setting new benchmarks for trust and customer confidence in the digital economy.”
Please see further coverage on the deal in the following links: