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Monday, Mar 18, 2024
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Experian Buying Software Company

Costa Mesa-based Experian Information Solutions Inc., best known for its credit reporting business, said Wednesday it has purchased Carmel, Ind.-based Baker Hill Corp., a software company.

Terms of the deal were not disclosed.

The move strengthens the moves of Experian, part of British retailer GUS PLC, to reach small businesses and the banking industry, the company said.

Baker Hill has more than 1,100 customers at banks, credit unions and financial services firms. Baker Hill offers banks products covering credit origination, portfolio risk management and “relationship management.”

The company will become a business unit of Experian’s Business Information Solutions division. Baker Hill will keep its employees and stay in Indiana.

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