Equifax 500Equifax has acquired the TDX Group, UK for £200m.   TDX Group provides businesses with technology, data and advisory solutions to improve debt recovery rates and the fair treatment of consumers in financial arrears.  It was founded in 2004 and is headquartered in Nottingham, UK.

TDX employs approximately 345 people globally.  TDX currently has £9.8 billion of debt under management.  TDX data, technology and advisory solutions are informed by data from over 200 client portfolios.  Founded in the UK it has now four international offices (UK, Italy, Australia and USA).  Its clients are blue chip creditors and specialist debt businesses across the globe.

Source:  Credittoday

BIIA’s deputy managing director and contributing editor examines the implications for the UK credit information market and elsewhere.  To read is assessment please log on.