Typhoon Data acquired by Appriss
Deal Synopsis
Typhoon Data was acquired by Appriss, via its financial sponsor Insight Partners and other investors through an LBO on August 27, 2020 for an undisclosed sum. Read the Press Release.
Seller Details
Typhoon Data provides healthcare sanctions and credentialing. The company's healthcare platform provides data products and services in healthcare compliance and professional credentialing to consumer reporting agencies (CRAs), credentials verification organizations (CVOs) and compliance companies in order to ensure quality care and mitigate compliance risk thereby helping its clients to make informed decisions about who they hire or otherwise work with.
Buyer Details
Appriss is a provider of data and analytics for real-time risk assessment and mitigation focused on the public safety, healthcare, and retail sectors. The company provides proprietary data and analytics solutions to address risk, fraud, security, safety and compliance issues for government and commercial enterprises worldwide.
Insight Partners is a private equity firm based in New York, New York. The firm seeks to invest in growth-stage technology and software companies.