Acquiring Company
Equifax
Acquired Company
Appriss Insights
Description
Equifax® (NYSE:EFX) announced today that it has completed the acquisition of Appriss Insights, a provider of comprehensive risk and criminal justice intelligence products and solutions. The definitive agreement to acquire the Appriss Insights business was announced on August 10, 2021. This acquisition expands Equifax's largest and fastest-growing business unit, Workforce Solutions, by broadening the Equifax suite of complementary verification capabilities, advancing the path toward a comprehensive Workforce Solutions data hub, enhancing identity and fraud offerings and positioning Equifax as the resource of choice for public and private sector decision intelligence.
FundzWatch™ Score
77
High M&A Activity
M&A Insights
Based on deal dataIntegration 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