SMARTSEARCH MAKES BOLT-ON ACQUISITION WITH CREDAS

Triple Private Equity is pleased to announce that its portfolio company SmartSearch has made a bolt-on acquisition with Credas Technologies Ltd.

Credas specialises in Property and Legal sector identity verification and, today, enables more than 1,000 Property and Legal clients to streamline their onboarding processes and deliver a faster, smoother customer experience.

With the acquisition of Credas, SmartSearch will further expand its market coverage, talent, and suite of offerings within UK digital Know Your Customer (KYC) and Anti-Money Laundering (AML) verification solutions and strengthen its product offerings while continuing to ensure a client-first approach.

SmartSearch was the first investment made by Triple’s inaugural fund, which invests in mission-critical B2B software and data across Financial Infrastructure and Risk and Compliance.

Commenting on the acquisition, Mads Hansen, Head of Investments and Managing & Founding Partner of Triple Private Equity, said: “Triple is very pleased for Credas to become part of SmartSearch. The complementarity of the companies' footprint and products will ensure market-leading service and best-in-class solutions for their clients and partners. We are proud to be able to support them in their continued growth.”

Ben Shepherd, Head of Value Creation & Founding Partner of Triple Private Equity and Chairman of SmartSearch, said: “SmartSearch is an incredibly strong platform and team and so Triple set a very high bar on quality and 'value add' that Credas was able to demonstrate; it is a true case of where 1+1>2. We look forward to supporting the combined business on their growth strategy.”

Phil Cotter, CEO of SmartSearch, comments: “Regulated firms are under pressure to meet rising KYC and AML demands while delivering seamless onboarding. By joining forces with Credas, we combine our strengths to deliver unmatched innovation and service. Our clients will see immediate benefits as we continue to set the standard for digital compliance.”

The deal is expected to close in Q4 2025.

Read more here.