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Capstreet-Backed Credit Bureau Connection Acquires Dealer Safeguard Solutions

Feb 09, 2022•almost 4 years ago

Acquiring Company

Credit Bureau Connection

Acquired Company

Dealer Safeguard Solutions

FintechFinancial ServicesSoftware

Description

Credit Bureau Connection ("CBC"), a leading provider of credit report and compliance solutions to automotive dealers, lenders, and other end markets, announced today that it has acquired Dealer Safeguard Solutions ("DSGSS"), a SaaS provider of compliance and workflow solutions for the automotive retail industry. Financial terms of the transaction were not disclosed. CBC is backed by the Capstreet Group ("Capstreet"), a Houston-based lower middle market private equity firm.

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.

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed