ICC Credit Acquired by Equity Firm

ICC Credit, a U.K. credit-reporting agency, has been acquired by Ratos, a Swedish private equity firm, for an undisclosed sum.

This deal merges ICC parent company Bonnier Business Information with the Ratos-owned company Infodata.

“This is an ideal industrial deal,” said Lars Save, managing director of BBI and CEO-elect of the new group in a statement. “By coordinating the operations of BBI and Infodata, we will achieve cost advantages as well as opportunities for a considerably broader customer base.”