Equifax to acquire Mexico's Círculo de Crédito for $750M
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3 Articles
Equifax to acquire Mexico's Círculo de Crédito for $750M
Equifax (EFX) announced it has signed a definitive agreement to acquire 100% of the equity of Círculo de Crédito, the fastest-growing credit bureau in Mexico, for an enterprise value of $750M. The transaction marks Equifax’s 17th bolt-on acquisition in
The transaction provides for the total purchase of the share capital of one of the two SICs from its current shareholders, including Banca Afirme, Coppel, Grupo Elektra and a group of private investors.
Equifax, a credit reporting company based in Atlanta, announced the signing of a final agreement to acquire Círculo de Crédito, one of the credit reporting companies operating in Mexico, in a transaction valued at $750 million. Thus, Equifax will acquire the total share capital of Círculo de Crédito from its current shareholders, including Banca Afirme, Coppel, Grupo Elektra and a group of private investors. In a statement, the US company report…
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