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Announced

Experian to acquire ClearSale for $350m.

Synopsis

Experian, a global data and technology company, agreed to acquire ClearSale, a fraud management and chargeback protection services company, for $350m. "We have established a leading position in identity and fraud (ID&F) in Brazil, an attractive, high-growth market and one of our strategic growth priorities globally. The acquisition of ClearSale extends our ID&F suite, adding transaction fraud detection to our existing strengths in account opening and account takeover fraud prevention. ClearSale will add to our growth potential in Brazil and is a further step towards our ambition to provide comprehensive ID&F and credit risk solutions through our integrated platform," Brian Cassin, Experian CEO.

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