M&A Deal Summary

Equifax Acquires Teletrack

On July 27, 2021, Equifax acquired information services company Teletrack from CoreLogic

Acquisition Highlights
  • This is Equifax’s 4th transaction in the Information Services sector.
  • This is Equifax’s 23rd transaction in the United States.
  • This is Equifax’s 5th transaction in California.

M&A Deal Summary

Date 2021-07-27
Target Teletrack
Sector Information Services
Buyer(s) Equifax
Sellers(s) CoreLogic
Deal Type Divestiture

Target

Teletrack

San Diego, California, United States
Teletrack is a specialty consumer reporting agency that provides non-traditional credit data and insights to the alternative financial services industry. Teletrack provides differentiated consumer insights to enable clients to make informed lending decisions and monitor existing loans portfolios. Teletrack is based in San Diego, California.

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Buyer(S) 1

Buyer

Equifax

Atlanta, Georgia, United States

Category Company
Founded 1899
Sector Information Services
Employees15,000
Revenue 5.3B USD (2023)
DESCRIPTION
Entrance to Equifax's corporate headquarters in Atlanta, Georgia.
Entrance to Equifax's corporate headquarters in Atlanta, Georgia.

Equifax is a global 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 incorporated in 1899 and is based in Atlanta, Georgia.


DEAL STATS #
Overall 30 of 38
Sector (Information Services) 4 of 7
Type (Divestiture) 2 of 5
State (California) 5 of 5
Country (United States) 23 of 28
Year (2021) 5 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-03-24 i2Verify

Newburyport, Massachusetts, United States

i2Verify is an income and employment verification provider, offering instant access to employment and wage data to verifiers who meet requirements for access under the Fair Credit Reporting Act. i2verify serves employers nationwide, with a concentration in the healthcare and education sectors that enhances the existing services offered through The Work Number. i2Verify was founded in 2011 and is based in Newburyport, Massachusetts.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-08-07 Health e

Minnetonka, Minnesota, United States

Health e(fx) is an experienced provider of Affordable Care Act (ACA) services. Health e(fx) provides from full-service ACA and state individual mandate compliance and reporting to workforce analytics, Health e(fx) cuts through the complexities of workforce management and healthcare reform. Health e(fx) is based in Minnetonka, Minnesota.

Buy -

Seller(S) 1

SELLER

CoreLogic

Irvine, California, United States

Category Company
Founded 1894
Sector Information Services
Employees5,100
Revenue 1.8B USD (2019)
DESCRIPTION
CoreLogic's corporate headquarters in Irvine, California.
CoreLogic's corporate headquarters in Irvine, California.

CoreLogic is a provider of property, mortgage and consumer information, analytics, technology and services to businesses. CoreLogic was founded in 1894 and is based in Irvine, California.


DEAL STATS #
Overall 5 of 6
Sector (Information Services) 2 of 2
Type (Divestiture) 5 of 6
State (California) 3 of 3
Country (United States) 4 of 5
Year (2021) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-06-30 ClosingCorp

San Diego, California, United States

ClosingCorp owns and operates the premier source of intelligence for closing costs and service providers in the U.S. residential real estate industry. Through innovative solutions, progressive technologies, and strong alliances, the company delivers timely, accurate, and transparent results that help optimize closing processes and services for mortgage lenders, title and settlement companies, and real estate professionals. ClosingCorp was formed in 2006 and is based in San Diego, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-09-15 Next Gear Solutions

Oxford, Mississippi, United States

Next Gear Solutions is a provider of job management and workflow software to the restoration industry. Next Gear's SaaS platform is used by thousands of restoration contractors to manage all aspects of their business. Next Gear was founded in 2008 and is headquartered in Oxford, Mississippi.

Buy -