Experian, a global information solutions company, today announced the acquisition of Baker Hill, a provider of relationship-management, credit-origination and risk-management solutions. By acquiring Baker Hill, Experian strengthens its commitment to the small-business market and furthers its ability to provide its clients with business solutions across the entire Customer Life Cycle.
Baker Hill provides services to more than 1,100 banking, credit union and financial services clients with installations across the United States. For more than 20 years, Baker Hill has been focused on the financial services and banking industry, delivering integrated solutions that address business process needs. The company introduced the first integrated relationship management solution for bankers and was the first to offer common platforms for loan origination across the lending process. Baker Hill’s clients draw on the company’s business expertise to improve critical processes and leverage its commercial loan origination and customer management-solutions as their enabling technologies.
“Baker Hill fits perfectly into our long-term business strategy. By integrating its software solutions with our data assets and analytics, we are able to provide our clients with a more comprehensive information platform that is single-sourced and unmatched in the industry,” said Mark Zablan, president, Experian’s Business Information Solutions. “We are delighted to have Baker Hill join Experian and look forward to leveraging the many tangible business synergies and opportunities moving forward.”
Key initiatives of the newly combined company will include deepening the coverage of Experian’s Small Business Credit Share SM program and the continued investment in Baker Hill Advisor®, the next generation of the organization’s industry-recognized OnePoint® solution.
“Our unwavering focus on the banking industry, dedication to proven solutions, commitment to client success and our no-excuses philosophy of doing business will prove to be a real asset to Experian,” said Mark Hill, president of Baker Hill. “We are pleased to be a part of Experian’s Business Information Solutions, and together we will be able to provide clients with enhanced offerings and functionality across the small-business lending cycle.”
Baker Hill will operate as a business unit within Experian’s Business Information Solutions division and will be known as Baker Hill, an Experian company. The company will continue operations in Carmel, Ind., and current management and employees will be retained.
The acquisition is consistent with Experian’s global strategy of acquiring complementary businesses that provide new products, new data or entry into new vertical or regional markets, while leveraging the core assets of Experian.
Experian is the global leader in providing value-added information solutions to organizations and consumers. It has an unrivaled understanding of individuals, markets and economies around the world. Experian provides information, analytics, decision-making solutions and processing services. It assists organizations in understanding their markets and customers and helps them find, develop and manage profitable customer relationships to make their businesses more profitable. Experian promotes greater financial health among consumers by enabling them to understand, manage and protect their personal information and helping them control financial aspects of key life events. Experian works with more than 50,000 clients across diverse industries, including financial services, telecommunications, health care, insurance, retail and catalogue, automotive, manufacturing, leisure, utilities, e-commerce, property and government. A subsidiary of GUS plc with headquarters in Nottingham, UK, and Costa Mesa, Calif., Experian’s 12,000 people in 28 countries support clients in more than 60 countries. Annual sales exceed $2.5 billion.
For more information, visit the company’s website at www.experian.com.
The word “Experian” is a registered trademark in the EU and other countries and is owned by Experian Ltd. and/or its associated companies.
Experian Public Relations
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