Experian announces that it has acquired substantially all the assets of Court Ventures Inc., an aggregator of electronically available public records data in the United States.
Founded in 2001, Court Ventures sources, aggregates, repackages and distributes public record data, obtained from over 1,400 state and county sources. This acquisition strengthens Experian’s consumer data assets in North America and is a further step in Experian’s strategy to extend its global lead in credit information and analytics.
Gross assets as at 31 December 2011 were US$1m. Court Ventures was acquired from its founding shareholder and will form part of Experian’s Credit Services activities in North America. The acquisition will be funded from Experian’s existing cash resources.
Source: Experian Press Release