Acquisition of Court Ventures Inc

RNS Number : 0390Z

Experian plc

09 March 2012

 



news release

Acquisition of Court Ventures Inc

9 March 2012 - Experian, the global information services company, announces that it has acquired substantially all the assets of Court Ventures Inc., an aggregator of electronically available public records data in the United States.

Founded in 2001, Court Ventures sources, aggregates, repackages and distributes public record data, obtained from over 1,400 state and county sources. This acquisition strengthens Experian's consumer data assets in North America and is a further step in Experian's strategy to extend its global lead in credit information and analytics.

Gross assets as at 31 December 2011 were US$1m. Court Ventures was acquired from its founding shareholder and will form part of Experian's Credit Services activities in North America. The acquisition will be funded from Experian's existing cash resources.

Contact

Experian

Nadia Ridout-Jamieson          Director of Investor Relations             [phone]

James Russell                        Communications Director, UK&I and EMEA

RLM Finsbury

Rollo Head                                                                                          [phone]

Don Hunter

About Experian

Experian is the leading global information services company, providing data and analytical tools to clients in more than 80 countries. The Group helps businesses to manage credit risk, prevent fraud, target marketing offers and automate decision making. Experian also helps individuals to check their credit report and credit score, and protect against identity theft.

Experian plc is listed on the London Stock Exchange (EXPN) and is a constituent of the FTSE 100 index. Total revenue for the year ended 31 March 2011 was US$4.2 billion. Experian employs approximately 15,000 people in 41 countries and has its corporate headquarters in Dublin, Ireland, with operational headquarters in Nottingham, UK; California, US; and São Paulo, Brazil. 

For more information, visit http://www.experianplc.com.

 

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