Experian Acquires QAS

Share this article:
Experian, Nottingham, United Kingdom, a global information solutions company, said yesterday that it acquired QAS Ltd., London, for $189 million, which includes $28.5 million of cash reserves.


QAS is the developer of the QuickAddress line of international address management software. With revenue of $87.4 million by June 2004, 8,800 customers worldwide and 370 employees, QAS represents the largest acquisition Experian has made in the UK, according to Experian.


"This is one of the 10 largest acquisitions in the UK software and services sector this year," said Richard Fiddis, managing director of Experian UK and Ireland. "It supports our strategy to invest in market-leading, high-growth companies that add scale and enhance the breadth and depth of our activities to help our clients find, develop and manage profitable customer relationships."


QAS will be known as "QAS, an Experian company" within Experian's Marketing Services division and will continue to be led by Simon Worth, CEO of QAS.


Share this article:
You must be a registered member of Direct Marketing News to post a comment.

Sign up to our newsletters

Follow us on Twitter @dmnews

Latest Jobs:

More in News

Customer Centricity Is Spurring Marketing-Tech Investments

Customer Centricity Is Spurring Marketing-Tech Investments

A majority of marketers rank customer satisfaction improvements as paramount in the technology investment decisions.

Big, Bold Moves in the C-Suite

Big, Bold Moves in the C-Suite ...

JCPenney appoints Home Depot's Marvin Ellison as CEO; Harte Hanks and JWT add hitting power to their C-level benches

Campaign Comes to the States

Campaign Comes to the States

DMN's UK-based sister publication launches Campaign US