Add-on Acquisition • Software

FICO Acquires CR Software

On November 26, 2012, FICO acquired software company CR Software

Acquisition Context
  • This is FICO’s 7th transaction in the Software sector.
  • This is FICO’s 10th transaction in the United States.
  • This is FICO’s 1st transaction in Vermont.

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M&A Deal Summary

Date November 26, 2012
Target CR Software
Sector Software
Buyer(s) FICO
Deal Type Add-on Acquisition
Advisor(s) Headwaters MB (Financial)

Target Company

CR Software

Fairfax, Vermont, United States
CR Software LLC, is a provider of enterprise-class collections and recovery solutions for credit issuers, government organizations, collection agencies, retailers, healthcare providers and other enterprises.
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Buyer Overview 1

Buyer

FICO

Bozeman, Montana, United States

Category Company
Founded 1956
Sector Software
Employees3,604
Revenue 1.7B USD (2024)
DESCRIPTION
FICO

FICO provides analytics software and tools used across multiple industries to manage risk, fight fraud, build more profitable customer relationships, optimize operations and meet strict government regulations. FICO was incorporated in 1956 and is based in Bozeman, Montana.


Deal Context for Buyer #
Overall 13 of 19
Sector: Software 7 of 9
Type: Add-on Acquisition 13 of 19
State: Vermont 1 of 1
Country: United States 10 of 14
Year: 2012 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-08-16 Adeptra

Reading, United Kingdom

Adeptra Ltd. is a provider of cloud-based customer engagement and risk intervention solutions based in Reading, UK and Norwalk, Connecticut. Adeptra's SaaS (software as a service) platform enables leading financial services institutions and other businesses to take advantage of the explosion in mobile communication in order to manage risk, fight fraud and dramatically improve the customer experience.

Buy $115M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-04-01 InfoGlide Software

Austin, Texas, United States

Infoglide Software is a provider of entity resolution and social network analysis solutions, used primarily to improve fraud detection, security and compliance.

Buy -