Mexico · Business
Key Facts
—Price and structure Equifax will pay a gross purchase price of US$825 million, with an enterprise value of US$750 million after accounting for roughly US$75 million in cash on Círculo de Crédito’s books at closing.
—Sellers and background Current shareholders cashing out include Grupo Elektra, Coppel, Banca Afirme and a group of private investors; the sale transfers 100% of the equity to Equifax.
—Data footprint Círculo de Crédito holds data on more than 80 million credit histories and 2 billion tradelines, giving its new US owner a massive base for risk assessment and financial-inclusion products in Mexico.
