GB Group (UK)

GB Group plc
Traded as LSE: GBG
Industry Identity management
Founded 1989
Headquarters Chester, United Kingdom
Key people
 Chris Clark (CEO)[1]
David Anthony Rasche (Chairman)
Revenue Increase £87.5 million (2017)[2]
Increase £10.6 million (2017)[2]
Increase £10.8 million (2017)[2]
Website www.gbgplc.com

GBG is an identity management specialist company based in Chester, England.[3] The Group is headquartered in Chester, United Kingdom and has offices in London, Edinburgh and Nottingham.

History

GBG was established in 1989 initially as GB Information Management, to exploit the market for postcode and address information. In addition to software products, GB Information Management also provided bureau services relating to postcodes, names, addresses and other information. In July 1999 GB Information Management was acquired by Phonelink, a company founded by Trevor Burke. At the time of acquisition, GB Information Management had a turnover of £6.9million, an operating profit of circa £1million and employed about 80 people in Chester.

On 1 April 2000, the company changed its name from Phonelink plc to TelMe.com plc in response to the success of their early Tel-Me application. In February 2004, the company changed its name to GB Group as part of a movement to distance itself from its previous travel interests. In 2006 the company launched an international identity verification service covering 21 countries. In 2011 GB Group moved to a listing on the London Stock Exchange AIM and in 2015 rebranded to GBG but remained listed as GB Group plc.

Acquisitions

In 2011 GBG acquired the Edinburgh-based company Data Discoveries, providers of online database cleansing software.[4] This was followed by the acquisition of address management company Capscan, one of the founding members of the Scandex Group of companies.[5]

In 2011 GBG acquired Glasgow based Advanced Checking Services Limited. The company, which had more than 400 clients at the time including Stagecoach and FedEx, specialised in the electronic checking of driving licences.[3] In 2012 the Group acquired two further companies in the driving licence and criminal record checking areas. These were Nottingham-based TMG CRB[6] and CRD UK, a people vetting solutions firm. These acquisitions made GBG the UK’s largest criminal records disclosure umbrella service.[7]

In 2014 GBG completed the acquisitions of DecTech Solutions, specialising in fraud prevention technologies and with an established customer base in Asia-Pacific, as well as Transactis, a UK-based customer transactional data aggregator.

In 2015 GBG acquired Loqate, a specialist in global addressing technology, and providing a base in Silicon Valley for US-focused operations.

In 2016 GBG acquired IDscan Biometrics Ltd, a provider of software authenticates documents including passports, visas, ID cards, driving licenses, utility bills and work permits whilst also capturing facial biometrics which provides proof that those documents are not stolen.

In May 2017 GBG acquired PCA Predict, a leading provider of UK and international address validation services.

References

  1. ↑ "GBG Plc - Appointment of New CEO". gbgplc.com. 13 October 2016. Retrieved 3 April 2017.
  2. 1 2 3 "GBG Annual Report 2017" (PDF). GBG. Retrieved 18 July 2017.
  3. 1 2 Smith, Mark (28 July 2011). "GB Group secures deal for Advanced Checking Services". The Herald Scotland. Herald and Times Group. Retrieved 29 November 2014.
  4. ↑ Ruthven, Hunter (7 July 2011). "GB Group makes deal for rival". growthbusiness.co.uk. Retrieved 29 November 2014.
  5. ↑ http://www.dmarket.co.uk/a/gbgroup-acquires-capscan
  6. ↑ "TMG sold in £3m deal". Newsco Insider Limited. 5 November 2012. Retrieved 29 November 2014.
  7. ↑ "Acquisition of CRD (UK) Limited". London Stock Exchange. 2 July 2013. Archived from the original on 21 January 2015. Retrieved 29 November 2014.
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