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Ownership Change at Callcredit Information Group Ltd.

CallCredit ImageGen.ashx__167909Callcredit Information Group Ltd. announces an ownership change whereby GTCR, a leading Chicago-based private equity firm, has partnered with management to acquire the company.   GTCR and Callcredit’s management team, led by CEO John McAndrew, are investing behind the company’s strong growth trajectory, innovative product offering, and service-oriented culture.

GTCR is acquiring an ownership position from Vitruvian Partners, a middle market private equity firm focused on the UK and Northern Europe, which has owned Callcredit since 2009.  The GTCR / management partnership seem to have won the day in the bidding process in which several private equity firms and the Bertelsmann unit Arvato participated.

About:  Callcredit is a player in the U.K. credit reference and marketing solutions industries.  The Company serves a rapidly expanding base of blue chip clients, including the UK’s largest financial institutions and organizations in the alternative lending, insurance, telecom, utilities and public sectors, among others.  Callcredit employs around 1,000 professionals in the U.K. and has operations in Japan, China, Dubai and Lithuania.   Callcredit was founded 14 years ago and has carved out a sizable niche out of the marked once dominated by Experian and Equifax.

About:  GTCR is one of the most established private equity firms in the United States, and focuses on investing in growth companies alongside exceptional management teams. Since its inception in 1980, GTCR has invested more than $10.0 billion in over 200 companies, with extensive experience in the financial technology, data analytics, and software sectors.

Source:  Callcredit Press Release

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