Callcredit, headquartered in Leeds, England, provides consumer credit data services, software and analytics to alternative lenders as well as insurance, telecommunications, utilities and public sector companies. The services enable real-time credit reporting, loan affordability assessments and consumer account monitoring. The deal was announced on Feb. 16. Terms were not disclosed.
Chicago-based GTCR made the investment from GTCR Fund X, a $3.25 billion fund the firm closed in 2011. In 2013, the firm agreed to sell Six3 Systems Inc. for $820 million.
GE Capital HSBC and Lloyds Bank arranged senior financing for the Callcredit deal, while Crescent Capital provided a mezzanine facility. DC Advisory and HSBC advised GTCR on the deal, while Kirkland & Ellis LLP provided legal advice.