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M&A Deal Summary

Equifax Acquires PayNet

On April 24, 2019, Equifax acquired internet software and services company PayNet

Acquisition Highlights
  • This is Equifax’s 7th transaction in the Internet Software and Services sector.
  • This is Equifax’s 18th transaction in the United States.
  • This is Equifax’s 2nd transaction in Illinois.

M&A Deal Summary
Date 2019-04-24
Target PayNet
Sector Internet Software and Services
Buyer(s) Equifax
Deal Type Add-on Acquisition

Target

PayNet

Skokie, Illinois, United States
PayNet, Inc. is a company that provides commercial credit risk underwriting and management solutions to online and alternative finance lenders, and commercial finance and leasing companies in the U.S. and Canadian markets. PayNet is based in Skokie, Illinois.

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Buyer(S) 1

Buyer

Equifax

Atlanta, Georgia, United States
Category Company
Founded 1899
Sector Information Services
Employees14,700
Revenue 5.7B USD (2024)
DESCRIPTION
Entrance to Equifax's corporate headquarters in Atlanta, Georgia.
Entrance to Equifax's corporate headquarters in Atlanta, Georgia.

Equifax is a provider of information solutions and human resources business process outsourcing services for businesses, governments and consumers. Equifax has a large and diversified group of clients, including financial institutions, corporations, governments and individuals. Equifax's products and services are based on comprehensive databases of consumer and business information derived from numerous types of credit, financial assets, telecommunications and utility payment, employment, income, public record, demographic and marketing data. Equifax was founded in 1899 and is based in Atlanta, Georgia.

DEAL STATS #
Overall 24 of 38
Sector: Internet Software and Services M&A 7 of 11
Type: Add-on Acquisition M&A Deals 23 of 33
State: Illinois M&A 2 of 2
Country: United States M&A 18 of 28
Year: 2019 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-07-16 DataX

Las Vegas, Nevada, United States

DataX Ltd. is a specialty finance credit reporting agency and alternative data provider to lenders nationwide. DataX was founded in 2004 and is based in Las Vegas, Nevada.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-07-24 Ansonia Credit Data

Olympia, Washington, United States

Ansonia Credit Data is a provider of business credit intelligence arena. Ansonia's business credit reports and credit decisioning tools are easy to read and the only customizable ones in the industry. No annual fees, no long-term contracts, no setup charges—just affordable quality data. Ansonia Credit Data is based in Olympia, Washington.

Buy -
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