Bisnode further strengthens its position in the credit information business in Croatia by acquiring successful start-up brand

Avidus d.o.o. with its platform is ranked number three in subscription based digital business information by number of clients. Through this acquisition Bisnode Croatia now holds the first three places in this market with the leading brand Poslovna Hrvatska and the local version of its regional platform already being ranked number one and two.

With this acquisition Bisnode Croatia builds on its fast and successful development that has seen significant organic growth in 2011 and 2012 so far, by increasing its options to optimise market segmentation and creating new cross- and upselling opportunities.

“By acquiring Avidus d.o.o. Bisnode Croatia will strengthen its position in the credit information business, offering a wide selection of fast and relevant decision-making” says Regional Director Martin Coufal.

Avidus d.o.o. is a growing and successful start-up company with annual 2011 revenue of EUR 140 thousand, and 5 employees.

Source: Bisnode Press Release