Continues its Global Expansion with the Acquisition of India-based
Last Updated: 05/10/2016

Brentwood, Tenn. and Mumbai, Maharashtra, India – May 10, 2016 – announced today that it has expanded its global presence with the acquisition of, an electronic audit confirmation solution based in Mumbai, India. This acquisition reinforces’s leadership position as the global provider of secure online audit confirmation services and brings in’s local expertise of the Indian market.

“According to a recent market analysis, India is considered one of the largest markets for online audit confirmations,” said Chris Schellhorn, CEO of “We are excited to have on board and are looking forward to expanding our service in this important market.”

As part of this acquisition, will remain in Mumbai and integrate into the company’s India subsidiary, India Private Limited.’s acting principles and employees will oversee operations for the India office including marketing, sales, and support of the service.

 “We continue to see significant growth in online audit confirmations internationally because of the efficiency it brings to the audit process,” said Dave Malone, president of International.  “India has been of great interest to us because of its growth potential and I’m pleased with our acquisition of because of their tremendous expertise in this region.”
“As a Chartered Accountant, the confirmation process meant going back and forth between our office, client location and banks, carrying around confirmation letters and client authorisation letters,” said CA Kiran Uttam Bafna, country head of India. “What should have been a simple process was not, which is why we created I’m thrilled to join and looking forward to expanding this global service into the Indian market.”

“With more than 100,000 auditors around the globe using our service, growing our international reach is extremely important to us,” said Brian Fox, president and founder of “We’re making great strides in making paper-and-post audit confirmations obsolete.”

In addition to this acquisition, has offices in North America and Europe, and reseller partners Confirmations Asia Pacific covering the Asia Pacific region, and CQS Technology Holdings covering Sub-Saharan Africa.

About is the world’s leading provider of secure online audit confirmations. Today, 13,000 audit firms confirm over $1 trillion annually for 400,000 clients worldwide. is used in over 140 countries by banks, companies and law firms to respond to audit confirmation requests. For more information, visit