Contact:
Dave Mooney
Public Affairs, Equifax
404-885-8117 (o)
770-985-4418 (h)
EQUIFAX ACQUIRES FOOTHILL COLLECTIONS SERVICES
Plans to Establish West Coast Regional Center
for Risk Management Services
ATLANTA, April 3, 1997-- Equifax today announced it has acquired Foothill Collections Services, Inc., of Sacramento, California. Foothill is a collections firm serving local businesses in the health care and utilities industries.
Terms of the transaction were not disclosed. Foothill's employees will join Equifax Risk Management Services. Owners Gary and Helen Harris will join the Equifax management team.
"Foothill is an established, well-respected collections company in northern California and is a very desirable base from which to expand our west coast operations," said
Jeffrey L. Dodge, senior vice president and general manager, Equifax Risk Management Services. "Additionally, Foothill will make a significant contribution to Equifax's already strong customer base in the health care, utilities and telecommunications industries."
Equifax Risk Management Services is a leader in account management services throughout the credit life cycle for businesses and government agencies. Equifax Inc. (NYSE:EFX) is the leading provider of information services that help businesses grant credit, authorize and process credit card and check transactions and insure lives and property. Established in 1899 in Atlanta, Equifax today employs 14,000 people throughout North and South America, the United Kingdom and continental Europe. Revenues for the 12 months ended Dec. 31, 1996, exceeded $1.8 billion.