Permira to Acquire Majority Position in BioCatch at $1.3B Valuation

**Executive Summary:** BioCatch announced that Permira Growth Opportunities II will acquire a majority stake in the company in a transaction valuing BioCatch at $1.3 billion, with existing investors Sapphire Ventures and Macquarie Capital increasing their investments; the press release highlights BioCatch’s 49% ARR growth in 2023, profitability, over 190 financial institution customers (including more than 30 of the world’s largest 100 banks), its behavioral biometric fraud-detection technology, and plans to use the investment to accelerate global expansion and its product roadmap.