Equifax to Acquire CoreLogic® Teletrack®
ATLANTA, July 27, 2021 /PRNewswire/ -- Equifax (NYSE: EFX) a global data, analytics and technology company today announced that the company has signed a definitive agreement to acquire Teletrack, a U.S. leader in alternative credit data, from CoreLogic.
- ATLANTA, July 27, 2021 /PRNewswire/ -- Equifax (NYSE: EFX) a global data, analytics and technology company today announced that the company has signed a definitive agreement to acquire Teletrack, a U.S. leader in alternative credit data, from CoreLogic.
- "Our strong financial performance, balance sheet, and cloud investments allow Equifax to reinvest our cash flow in this accretive and strategic acquisition of Teletrack that will expand the breadth of differentiated data assets that only Equifax can provide," said Mark W. Begor, CEO of Equifax.
- "CoreLogic and Equifax have a shared commitment to the development of solutions that help people live their financial best, which in turn strengthens our local communities," said Frank Martell, president and CEO at CoreLogic.
- Teletrack, a subsidiary of CoreLogic, is a leading Specialty Consumer Reporting Agency ("CRA") that provides non-traditional credit data and insights to the alternative financial services industry.