SOURCE: Wymoo International

Wymoo International

March 27, 2012 11:00 ET

International Investigator Wymoo Affirms No Merger or Buyout

JACKSONVILLE, FL--(Marketwire - Mar 27, 2012) - Wymoo International, a professional private investigation and international background check company, announced today the company has no immediate or pending plans of any merger or buyout, despite industry speculation that the company could be purchased by a larger investigation or verification service company. An impressive track record of growth and rising market share has drawn interest, but management confirmed today the Wymoo® brand name has only just begun.

Because the international investigations company is privately held, it's not a takeover target, and management has no intention of taking any action which would not benefit existing and future clients. Although partnerships are always a possibility, a sale to a major online dating or social networking website is very unlikely. A future merger with a U.S. or U.K.-based verification or investigation company lacking international presence is possible, but is not something management is considering in the near term. To the contrary, the company sees significant growth opportunity without any future partnership or merger.

Wymoo International has experienced consecutive annual growth each year since inception in 2006. With economies slowly improving in most of the countries where Wymoo operates, management sees considerable opportunity moving forward. "We continue to increase our market share in Europe, Asia, Africa and the Americas, and at this stage we have not seen value in any merger or partnership," said David Wilkerson, Vice President and COO. "More companies and individuals around the world recognize Wymoo as a leader in international investigations and verification services. Our focus is on our clients."

The firm now operates in over 100 countries and offers full service investigations in each of these countries. Services include comprehensive background checks, discreet due diligence, private investigation and surveillance. International employment screening and asset search requests are also up compared to 2011 levels. The demand for international investigators should remain high throughout 2015 as international business and relationships become even more common. To minimize the risk from fraud and scam, companies and individuals rely on Wymoo to verify businesses, individuals, deals and relationships.

About Wymoo International

Wymoo International, LLC is a global leader in professional investigations and confidential background check services. The company specializes in verifying organizations and individuals in over 100 countries. The U.S.-based investigation firm offers international due diligence, private investigations, dating background checks, surveillance, fraud screening and more. Wymoo® is verified by Truste, McAfee and the U.S. Better Business Bureau.