Announced
Completed
Financials
Tags
Domestic
Single Bidder
risk management
Majority
Private Equity
Friendly
Acquisition
Private
United States
fraud detection
cyber security services
software solutions
Software
Completed
Synopsis
Equifax, an American multinational consumer credit reporting agency, completed the acquisition of Kount, an online fraud detection, and prevention provider, from CVC Capital, a private equity firm, for $640m. "The combination of Kount solutions with Equifax differentiated data assets and cloud capabilities will enable us to quickly take advantage of new fraud prevention and digital identity offerings to deliver for our customers and drive Equifax growth. Our strong 2020 financial performance and balance sheet allowed Equifax to reinvest our outperformance in Kount while continuing to look for attractive acquisitions to strengthen our data assets and solutions," Mark W. Begor, Equifax CEO.
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