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Cogint spins off risk management business

Cogint Inc. completed the spin-off of its risk management business Red Violet Inc.

Following this transaction, Fluent, a Cogint subsidiary and a provider of data-driven digital marketing services, will be its sole operating business, the company said March 28.

The company appointed the Fluent management team, including Ryan Schulke, Matthew Conlin, Ryan Perfit and Don Patrick, as its new leadership team and reconstituted its board to five members, with Schulke and Conlin joining Peter Benz and Don Mathis. Andrew Frawley also joined the board.

Schulke and Conlin, the co-founders of Fluent, were named the company's CEO and president. Patrick was named COO of the company, while Perfit will serve the company as interim CFO.

Cogint is a provider of data-driven digital marketing services, focusing on customer acquisition and re-engagement campaigns.