Experian Acquires Six Companies to Enhance Its Presence in Key Markets

Key Focus Areas for Growth

Experian's acquisition strategy is centered around expanding into new markets and strengthening its existing business. The group made six strategic acquisitions during the year ended March 31, 2022, including:

• Gabi Personal Insurance Agency Inc. (Gabi) in the USA on October 21, 2021
• Illion in Australia and New Zealand to provide enhanced choice and meaningful competition in the ANZ region

Enhanced Choice and Competition

The acquisition of illion will enable Experian to offer enhanced choice in ANZ by providing a meaningful alternative to existing credit reporting providers. Without the merger, it would be challenging for smaller players to compete due to their lack of scale and access to a comprehensive dataset.

Expanding into New Markets

Acquisitions like Gabi in the USA allow Experian to expand its reach into new markets. Gabi's strong presence in the personal insurance space complements Experian's existing offerings, enabling the group to provide a wider range of services to its customers.

Strategic Investments for Growth

Experian's acquisition strategy is fueled by its commitment to strategic growth. These acquisitions represent significant investments in key markets that will enable the group to continue expanding its reach and delivering value to its customers.

Additional Information

For more information on Experian's acquisition strategy, please refer to the company's latest financial reports.