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New Deal


Announced

Data Facts acquired Strategic Information Resources.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United States

Financial Data and Systems

Private

Pending

Acquisition

credit information services

Friendly

Single Bidder

Synopsis

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Data Facts, a nationwide provider of mortgage lending solutions and national and international background screening solutions, acquired Strategic Information Resources, a regional provider of credit information helping financial institutions evaluate loan applicants. Financial terms were not disclosed. Data Facts’ founder and CEO, Daphne Large, said. “We celebrate a new milestone today as the Data Facts family formally welcomes our highly regarded peer, SIR. Aligning with a firm that complements our approach provides an unparalleled depth of services to exceed client needs and expectations. Their team impresses me, with some of their team offering 20, 30, even 40 years of valuable industry experience. Every SIR and Data Facts employee, under the Data Facts umbrella, will be integral in pushing the boundaries of innovation and creating opportunities to increase client efficiencies.”

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