Specialist data mining and recovery audit services company, Transparent, founded in 2000 and headquartered in Amsterdam, the Netherlands, has been acquired by Transparent Services BV – a newly established entity owned by investors with a background in investment banking and private equity. Willem-Jeroen Stevens (pictured), founder of Transparent, said:
"This is the next phase for Transparent. With this international group of investors, Transparent will be able to grow to the next level of global development. I am honoured by the strength of this investment group and I am confident that this is the best next step for Transparent."
Transparent has operations in several European capitals, as well as the USA, South Africa and India. Its customer base includes well-known brands such as Vodafone, AVON, Pearson, Nedbank, IKEA, KLM, ABN AMRO, Yahoo, Whirlpool, and DHL, among others.
The acquisition, effective 22 August 2016, is part of Transparent's efforts to grow its global reach, commencing the company's next phase of development. The financial details of the deal have not been disclosed.
