UX Law Advises IDVerse on its Successful Acquisition by LexisNexis Risk Solutions

UX Law is pleased to confirm its role in successfully advising IDVerse™ (formerly known as OCR Labs), a provider of AI-powered document authentication and fraud detection solutions, on its acquisition by LexisNexis^® Risk Solutions.

The acquisition, which was completed on 18 February 2025, brings IDVerse within the Business Services group of LexisNexis Risk Solutions. LexisNexis Risk Solutions, part of RELX, harnesses the power of data, sophisticated analytics platforms and technology solutions to provide insights that help businesses across multiple industries and governmental entities reduce risk and improve decisions to benefit people around the globe.

UX Law provided comprehensive legal counsel to IDVerse’s shareholders throughout the transaction process on a wide range of issues, including contract negotiations, due diligence, regulatory approvals, transaction documents and all necessary completion matters.

John Myers, CEO of IDVerse, commented on the deal, “Our shareholders are extremely pleased with the outcome of the transaction, and the team at UX Law served as a trusted advisor by providing outstanding legal support throughout the acquisition process. Their expertise, strategic guidance, and attention to detail were invaluable throughout the length of the transaction. We couldn’t have asked for better support navigating this important milestone.”

This successful transaction underscores UX Law’s commitment to delivering high-quality legal services in mergers and acquisitions, helping clients maximise value and achieve their business objectives. The firm has a strong track record of advising on transactions across numerous industries, and this deal only serves to further demonstrate the firm’s dedication to delivering the best results for clients.