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Capstreet-Backed Cbc Acquires Creditdriver Solutions, A Next Generation In Soft Prequalification And Credit Building For The Auto Industry

PRIVATEOct 25, 2022

Acquiring Company

Credit Bureau Connection

Acquired Company

CreditDriver Solutions

Financial ServicesSoftwareFintech

Description

Credit Bureau Connection (“CBC” or “the Company”), a provider of credit report and compliance solutions to automotive dealers, lenders, and other end markets, today announced the acquisition of CreditDriver Solutions, a soft credit technology provider offering lead generation and sales enablement tools. Founder and CEO Michael Byrd will join CBC as Senior Vice President of Sales. CBC is backed by Capstreet, a Houston-based lower middle market private equity firm. Terms of the transaction were not disclosed.

Quick answer

Credit Bureau Connection is acquiring CreditDriver Solutions, announced October 25, 2022.

How much did Credit Bureau Connection pay for CreditDriver Solutions?
The deal value was not disclosed.
What does Credit Bureau Connection do?
CBC offers credit report and compliance solutions to the automotive and general consumer finance industries across the United States.

Source: Fundz verified event record.

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Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.

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Company Information

Company

Credit Bureau Connection

About

CBC offers credit report and compliance solutions to the automotive and general consumer finance industries across the United States. The Company optimizes and automates the consumer finance qualification process through a fast, easy-to-use, and secure software platform made available to its extensive network of software affiliate partners. CBC’s products and solutions place a heavy emphasis on compliance and identity verification to support the credit application and credit report process. Please visit www.creditbureauconnection.com for additional information.

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Frequently asked

Who acquired CreditDriver Solutions?

CreditDriver Solutions was acquired by Credit Bureau Connection. The deal was reported on October 25, 2022. CBC offers credit report and compliance solutions to the automotive and general consumer finance industries across the United States. Credit Bureau Connection is privately held and operates in Financial Services.

When did Credit Bureau Connection acquire CreditDriver Solutions?

Credit Bureau Connection's acquisition of CreditDriver Solutions was reported on October 25, 2022. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does CreditDriver Solutions do?

CreditDriver Solutions is the company acquired in this transaction. It is privately held.

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