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G2 Risk Solutions Finalizes EverC Transaction
G2 Risk Solutions (G2RS) today announced the completion of its transaction with EverC, expanding G2RS’ global reach and adding proven AI-powered risk solutions to its product suite.
Now with the acquired capabilities of EverC, G2RS delivers a comprehensive suite of AI- and analyst-driven risk solutions. Products are built to help global banks, merchant acquirers and online marketplaces strengthen defenses against fraud, scams and illegal or unsafe transactions. This includes the recently launched Smart Scan, an AI-powered risk assessment tool for marketplaces and their payment providers.
Other solutions from G2RS include proprietary risk intelligence, merchant onboarding, continuous monitoring, education and professional services, scam detection solutions and automated risk management.
“Adding EverC’s deep marketplace expertise and battle-tested AI to our portfolio promises to fortify online marketplaces against escalating threats, strengthening what has become the circulatory system of global e-commerce,” said Rochelle Blease, president of G2RS.
“Together as a single organization, we’ll leverage proven AI and unrivaled expertise to raise the industry standard for e-commerce risk innovation,” said Brian Longe, chief executive officer of G2RS, who added that G2RS now serves nearly every major payment provider worldwide from offices in the U.S., Europe, India and Israel.
The mission-focused companies have agreed not to publicly disclose financial terms of the deal.
The transaction has been supported by several advisors, including DLA Piper LLP, which is acting as legal advisor to G2RS; PJT, acting as financial advisor to G2RS; Deutsche Bank, acting as financial advisor to EverC; and Meitar, acting as legal advisor to EverC.
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