Confirmation.com is a provider of an online audit confirmation network used by requesters (i.e. audit firms), their clients, and responders (i.e. banks, law firms, insurance companies and corporations). The Company’s platform offers a single point of access providing users with the ability to streamline the confirmation process online, resulting in reduced response times, lower costs, fewer errors, and less fraud. Founded in 2000, the Company’s global network, with users in 150 countries, includes over 3,000 financial institutions and over 7,000 audit firms (the Big 4 audit firms and other national/regional/local CPA firms).
Croft & Bender identified Confirmation as a market leader and a very attractive asset in a unique industry. Croft & Bender established a relationship with the management team at Confirmation, made an introduction to Great Hill Partners, and helped facilitate the transaction.
Croft & Bender helped its client, Great Hill Partners, successfully consummate a recapitalization with Confirmation.