{"id":21218,"date":"2021-12-24T14:42:04","date_gmt":"2021-12-24T11:42:04","guid":{"rendered":"https:\/\/www.icap.ro\/?p=21218"},"modified":"2022-06-02T10:46:53","modified_gmt":"2022-06-02T10:46:53","slug":"crif-aquires-icap","status":"publish","type":"post","link":"https:\/\/www.icapcrif.com\/ro\/en\/2021\/12\/24\/crif-aquires-icap\/","title":{"rendered":"CRIF AQUIRES ICAP"},"content":{"rendered":"<h3 style=\"text-align: center;\"><strong>\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 CRIF AQUIRES ICAP, <\/strong><strong>THE LARGEST B2B SERVICES GROUP IN GREECE, WITH A STRONG PRESENCE IN SOUTHESTERN EUROPE<\/strong><\/h3>\n<h4 style=\"text-align: center;\"><strong><em>The acquisition will strengthen CRIF\u2019s leading position in the field of business and credit information and risk management solutions in the region.<\/em><\/strong><\/h4>\n<p>&nbsp;<\/p>\n<p><strong>CRIF <\/strong>&#8211; a global company specializing in credit bureau and business information, as well as advanced digital solutions for business development and open banking &#8211; announces the acquisition of <strong>ICAP<\/strong> &#8211; <strong>the largest B2B Services Group<\/strong> in<strong> Greece, <\/strong>with a strong presence also in Romania, Bulgaria and Cyprus.<\/p>\n<p><strong>ICAP<\/strong> was established in 1964; in 2007 South Eastern Europe Fund, advised by Global Finance, acquired the majority stake with Coface, one of the world\u2019s largest credit insurers and business information providers, and management participating in the acquisition.<\/p>\n<p>\u201cIn ICAP we saw an opportunity to invest behind a well-recognized Greek business to accelerate organic growth and develop the company into a regional leader. During our ownership, ICAP became the leading Business Information and Credit Risk Solutions company in Greece, Romania, Bulgaria and Cyprus. Together with the management team, we have built a solid company, and, I am confident it will continue to grow under CRIF\u2019s leadership\u201d said <strong>Mihalis Madianos, Partner at Global Finance.<\/strong><\/p>\n<p>\u201cWe are extremely pleased to join CRIF, a global leader in Credit Risk Solutions.\u00a0 I strongly believe that ICAP is an excellent fit for CRIF and together we are poised for accelerating the sustainable growth of ICAP in Greece, Romania, Bulgaria and Cyprus.\u00a0 Moreover, the fact that ICAP is now a CRIF Company, will be very beneficial for our Clients (access to advanced CRIF Solutions) and our People (better career prospects)\u201d commented <strong>Nikitas Konstantellos, CEO of ICAP<\/strong>.<\/p>\n<p>\u201cWe are happy to announce the acquisition of the leading provider of business information in Southeastern Europe, allowing CRIF to consolidate its presence in the region. Both CRIF and ICAP are totally focused on providing an integrated offering able to minimize portfolio losses, maximize returns and build the long-term growth of our clients. Through this deal, CRIF will combine its expertise and innovative solutions with ICAP\u2019s market knowledge and added value services, helping local companies and our global clients to keep on growing and innovating,\u201d said <strong>Carlo Gherardi, Chairman of CRIF<\/strong>.<\/p>\n<p>&nbsp;<\/p>\n<p><a href=\"https:\/\/dir.icap.gr\/mailimages\/icap.gr\/Posts\/Press%20release%20CRIF_acquisition%20Icap_23122021.pdf\">Read the entire PRESS RELEASE here<\/a><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>CRIF announces the acquisition of ICAP &#8211; the largest B2B Services Group in Greece<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-21218","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v19.3 - 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