Pondera Solutions Has Been Acquired by Thomson Reuters
Pondera Solutions Profile
- Pondera Solutions, a portfolio company of Serent Capital, is a leading provider of technology and advanced analytics to combat fraud, waste and abuse in healthcare and large government programs
- Pondera’s core detection system, FraudCaster, helps their clients detect and prevent hundreds of millions of dollars in improper payments by leveraging advanced analytics, AI and human intelligence
- Pondera Solutions was founded in 2011 and is headquartered in Folsom, CA
Thomson Reuters Profile
- Thomson Reuters is a leading provider of business information services
- Thomson Reuters products include highly specialized information-enabled software and tools for legal, tax, accounting and compliance professionals combined with the world’s most global news service – Reuters
- Thomson Reuters is headquartered in Toronto, Canada and Eagan, Minnesota with offices worldwide
Serent Capital
- Serent Capital is a leading lower-middle market private equity firm focused on investing in high growth service and technology businesses
- Serent strives to be an involved, value-added investor, capable of providing significant operational and strategic support to their portfolio companies on the most critical issues as they scale
- Serent Capital was founded in 2008 and is headquartered in San Francisco, CA
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Government agencies offer and operate on some of the largest programs in the world, and that fact alone makes them targets for illicit gains through fraud…by joining with Thomson Reuters, we will be able to offer even more to help customers with key insights to minimize risk and reduce fraud.
Jon Coss
CEO, Pondera Solutions
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Thomson Reuters and Pondera share a commitment to serve customers with solutions that reduce fraud by individuals targeting government programs. Pondera will be a key component to the suite of tools available to government customers that use technology, data and human analysis to support their mission and benefit their communities.
Steve Rubley
President, Government, Thomson Reuters
- Shea & Company served as the exclusive financial advisor to Pondera Solutions