Experian to Acquire ClearScore, for GBP£275M
Summary
Experian, a Dublin, Ireland-based global information services company, is to acquire ClearScore, a London, UK consumer organization that matches individuals to personal financial products, offering free credit reports, scores and personal financial education, both online and through mobile devices.US$385m), with an additional earnout potential contingent on achieving future financial performance.ClearScore provides free access to credit reports and scores and introduces consumers to personal financial products and offers which are best suited to their individual circumstances.To date, ClearScore has enrolled over 6 million members in the UK through its free membership model.Experian is listed on the London Stock Exchange (EXPN) and is a constituent of the FTSE 100 Index.