Blackstone's growth unit to back Canada's GeoComply
March 24, 2021
Atairos and the growth investing arm of Blackstone have agreed to purchase a minority stake in Vancouver, Canada-based GeoComply Solutions. The company is a developer of geolocation and compliance software that detects individuals using remote VPNs to mask their locations and provides other location verification services. A report from Business in Vancouver indicated the deal values the cybersecurity provider at $1 billion or more.