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Equifax Takeover Of Círculo Could Reshape Its Data Moat!

Equifax has moved deeper into Latin America with a definitive agreement to acquire 100% of Círculo de Crédito, Mexico’s fastest-growing credit bureau, for an enterprise value of $750 million. The transaction, announced on July 7, 2026, would mark Equifax’s 17th bolt-on acquisition since 2020 and lift its total M&A deployment over that period to nearly $5 billion. Círculo de Crédito generated an estimated $134 million in revenue, up 31%, and $62 million in adjusted EBITDA for the twelve months ended June 30, 2026, with mid-40s adjusted EBITDA margins. Management expects the business to sustain high double-digit revenue growth through 2026 and become accretive to adjusted EPS in the first full year of ownership. The deal is expected to close in the fourth quarter of 2026, subject to customary approvals, and would add Mexico to Equifax’s expanding international credit bureau footprint.