SmartSearch Expands Its Global Footprint
For SmartSearch, the acquisition represents a significant step in expanding its product portfolio and international reach.
“By joining forces with Credas, we combine our strengths to deliver unmatched innovation and service,” said Phil Cotter, CEO of SmartSearch. “Our clients will see immediate benefits as we continue to set the standard for digital compliance.”
Founded in 2004 and headquartered in Ilkley, England, SmartSearch offers anti-money laundering (AML) and fraud prevention services to more than 4,000 clients, including leading law firms such as Ellisons Solicitors and Bates Wells. The firm also operates offices in Amsterdam and Lehi, Utah, serving a global base of over 50,000 users.
Credas’ Role in the Digital Identity Ecosystem
Credas Technologies, which specializes in identity verification and AML solutions, has been a valuable yet non-core asset in Dye & Durham’s growing suite of legal and compliance software.
“While Credas is a valuable business, it is not core to Dye & Durham’s global product offering,” Tsivin said. “We are confident the Credas team will continue to be leaders in their field under their new ownership.”
Tim Barnett, CEO of Credas, praised the merger:
“With financial crime on the rise and fraud tactics evolving, digital identity verification is more critical than ever. Partnering with SmartSearch empowers us to help more businesses protect themselves.”
