Equifax (NYSE: EFX) announced the acquisition of The Food Industry Credit Bureau, a Montreal, Canada-based provider of credit information for the food industry, from Profile Credit.
The amount of the deal was not disclosed. The Profile Credit credit bureau business is now part of Equifax Canada.
This acquisition, which is not anticipated to have a material impact on 2023 Equifax financial results, expands the breadth of commercial credit insights available to the company’s customers in Canada and worldwide.
The Food Industry Credit Bureau from Profile Credit works in partnership with over 1,000 companies, such as food and beverage service providers, meat and poultry processing, and distribution to provide up-to-date credit data on over 200,000 businesses.
Led by Mark W. Begor, CEO, Equifax is a global data, analytics, and technology company. Headquartered in Atlanta and supported by more than 14,000 employees worldwide, Equifax operates or has investments in 24 countries in North America, Central and South America, Europe, and the Asia Pacific region.
FinSMEs
01/02/2023