Equifax Expands in Mexico With $750 Million Círculo de Crédito Deal

Equifax (EFX) signed a definitive agreement to acquire Mexico’s Círculo de Crédito, described as the fastest-growing credit bureau in the country, for an enterprise value of $750 million. The deal signals expansion of Equifax’s credit bureau footprint in Mexico and is likely to be a meaningful catalyst for the stock given the stated transaction size.

Analysis

Equifax (EFX) signed a definitive agreement to acquire Mexico’s Círculo de Crédito, described as the fastest-growing credit bureau in the country, for an enterprise value of $750 million. The deal signals expansion of Equifax’s credit bureau footprint in Mexico and is likely to be a meaningful catalyst for the stock given the stated transaction size.