Experian agrees to acquire ClearScore

9.30am, 15 March 2018 – Experian, the global information services company, is pleased to announce that it has agreed to acquire ClearScore. ClearScore is an innovative UK consumer organisation that matches individuals to personal financial products, offering free credit reports, scores and personal financial education, both online and through mobile devices. 

Brian Cassin, Chief Executive Officer of Experian said:

“In acquiring ClearScore, we will take another important step in our strategy to extend the services we provide to UK consumers. Our goal is to provide more choice and greater convenience to individuals who want access to personal financial products at the best prices, while also making it easier for credit providers to offer better, more tailored offers to consumers. We look forward to welcoming the ClearScore team to Experian and to including the ClearScore brand as part of our broader offer.” 

ClearScore provides free access to credit reports and scores and introduces consumers to personal financial products and offers which are best suited to their individual circumstances. These include offers for credit cards, loans, mortgages, car loans and other services. To date, ClearScore has enrolled over 6 million members in the UK through its free membership model. 

The UK market for introducing consumers to financial products is large and is growing rapidly. Spend is also shifting rapidly to online channels as a more accessible and effective way to present offers to people seeking credit. Experian is uniquely placed for this evolution, with its best-in-class data, scores and analytics, which are used to determine a consumer’s eligibility and ability to afford a loan. 

The acquisition of ClearScore will combine two well-known, high growth UK consumer brands, both of which will be retained. It will also bring together two businesses with complementary assets and skills to improve outcomes for consumers. We expect ClearScore to benefit from Experian’s broad data assets, analytical capabilities and distribution, while Experian will benefit from ClearScore’s skill in developing services which are appealing and easy to use, as well as an agile culture accomplished at keeping its membership engaged. In addition, ClearScore will help to accelerate our ambitions to provide services to consumers internationally, having recently launched a service in South Africa. 


The purchase price is GBP£275m (US$385m)*, with an additional earnout potential contingent on achieving future financial performance. The transaction is subject to regulatory approval by the Competition & Markets Authority and the Financial Conduct Authority, as well as other customary closing conditions, and will be funded from Experian’s existing committed bank facilities. It is expected to close later in 2018 and to be accretive to Benchmark earnings in the first full fiscal year of ownership. 

ClearScore’s services are provided to consumers for free and it generates revenue through referral fees paid by lenders and other service providers on its site. ClearScore has experienced rapid growth as the type of credit products and features offered through its site have increased and as membership has grown. 

Financial information: 

  • For calendar year 2018, ClearScore is on track to generate revenue of c. US$55m, an increase of c.50% on 2017, with strong growth continuing in calendar 2019.
  • The EBIT contribution to Experian is expected to be neutral in calendar 2018, rising to a c.US$20m contribution in calendar 2019, before integration costs.
  • EBIT progression is expected to be underpinned by significant cost synergies on integration with the Experian business, amounting to approximately US$25m per annum.
  • We expect to record one-off integration expenses of US$20m to integrate the business and realise the planned synergies.

On completion, ClearScore will be included within UK Consumer Services.

*GBP£/US$ exchange rate of 1.40 as at 14 March 2018.



Nadia Ridout-Jamieson             Investor queries                                     +44 (0)20 3042 4215

Gerry Tschopp                          Media queries                                       +1 714 830 7756



Rollo Head                                                                                          +44 (0)20 7251 3801

Jenny Davey


Experian received legal advice from Eversheds Sutherland, led by Jon Cox-Brown, with Financial and Tax advice provided by EY, led by Will Fisher.


About Experian

Experian is the world’s leading global information services company. During life’s big moments – from buying a home or a car, to sending a child to college, to growing a business by connecting with new customers – we empower consumers and our clients to manage their data with confidence. We help individuals to take financial control and access financial services, businesses to make smarter decisions and thrive, lenders to lend more responsibly, and organisations to prevent identity fraud and crime.


We have 16,000 people operating across 37 countries and every day we’re investing in new technologies, talented people and innovation to help all our clients maximise every opportunity. We are listed on the London Stock Exchange (EXPN) and are a constituent of the FTSE 100 Index.


Learn more at www.experianplc.com or visit our global content hub at our global news blog for the latest news and insights from the Group.