Equifax has purchased Midigator LLC, a provider of fraud mitigation services.
Midigator complements the Equifax Kount Identity Trust Global Network, which uses AI to link trust and fraud data signals.
“Midigator expands our robust differentiated data assets and Kount acquisition in 2021 to bring global businesses the information and solutions they need to manage fraud across the complete customer lifecycle,” said Mark W. Begor, CEO of Equifax. “With our Equifax Cloud driven data & analytics capabilities and the powerful combination of Midigator and our Kount Identity & Fraud solutions, Equifax is poised to capitalize on new revenue streams and relationships, broadening our digital identity footprint in a fast-growing space.”
Raymond James served as financial advisor, and Goodwin Proctor served as legal advisor to Midigator. King & Spalding LLP served as the legal advisor to Equifax.