British pounds

GTCR acquires Callcredit Information Group

Private equity firm GTCR has acquired Callcredit Information Group in partnership with the company’s management team.

Callcredit is a provider of consumer credit data solutions and software and analytics services in the UK.
GTCR is partnering with CEO John McAndrew, managing director Graham Lund, and the rest of Callcredit’s existing management team to invest behind the technology-enabled business.
Founded in 2000 within Skipton Building Society, Callcredit is a credit reference and marketing services provider for over 3,000 customers, including the UK’s largest financial institutions and organisations in the alternative lending, insurance, telecom, utilities and public sectors, among others. The company’s data solutions and software and analytics services enable real-time credit reporting and scoring, multi-bureau decisioning analysis, loan affordability assessments, customer account monitoring and management, identify verification and fraud protection.
“We are delighted to partner with John McAndrew and the Callcredit management team,” says Collin Roche, managing director at GTCR. “We believe that Callcredit is well positioned to continue its growth and success within the rapidly evolving areas of consumer credit and data analytics, and we look forward to supporting John’s vision of building the leading company in this segment. GTCR looks forward to supporting continued product innovation and investment while pursuing opportunities for expansion, geographically and through acquisitions.”
“I am confident that, in GTCR, Callcredit has found the ideal partner to support its ongoing mission of enabling smarter decisions,” says McAndrew. “This new partnership will ensure that Callcredit maintains the agility and customer-focused culture that have underpinned its success to-date, while empowering us to continue to provide our clients with more innovative data solutions. GTCR’s strong financial backing and its experience in the UK and global financial services and technology markets will help realise our vision for Callcredit.”

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