Creditsafe acquires B2B Information services company Graydon from Atradius
READY TO ACCELERATE GROWTH WITHIN THE EUROPEAN MARKET
Amsterdam/Den Haag, March 1, 2022
Creditsafe Nederland BV (part of Creditsafe Group), the global credit data and risk intelligence experts announces the acquisition of Graydon. Graydon has been in operation for over 130 years and has been for the last 5 years a 100% subsidiary of Atradius the leading global credit insurer. Graydon is the market leader in B2B information services in the Netherlands and Belgium, with a strong presence in the UK market as well.
Both Creditsafe and Graydon are focused on providing an integrated business information offering to accelerate the long-term growth and economic stability of their clients. Creditsafe and Graydon together will benefit, and this will drive innovation and grow customer portfolios. Through this deal, Creditsafe will combine its expertise and international coverage with Graydon’s market knowledge and value added analytical services to help both local companies and their global clients to keep on growing their business.
“Graydon and its employees have found a strong and solid partner in Creditsafe", said David Capdevila, CEO of Atradius. "We are cooperating with Creditsafe as one of our information providers successfully via our Iberian information provider Iberinform and we are convinced that Graydon will benefit from the unrivalled expertise and market reach of Creditsafe.”
“In Graydon we saw an opportunity to invest in a well-recognised business and brand to help accelerate our growth in these markets and further develop our market-leadership position in Europe”, says Cato Syversen, CEO of Creditsafe.
“We strongly believe that Graydon and Creditsafe together are in a strong position to accelerate sustainable growth and support our customers locally and globally. The fact that Graydon is now a Creditsafe company will be very beneficial for all our clients to access advanced global Creditsafe Solutions in combination with the recognized intelligence solutions of Graydon”, says Gertjan Kaart, Managing Director of Creditsafe Nederland BV.
Comment from Graydon: “We are pleased to be joining the Creditsafe family, the global leader in Credit Information Solutions. We believe that Graydon is an excellent fit for Creditsafe. Creditsafe and Graydon together will benefit, and we will be able to accelerate our growth.”
“We are really excited to announce the acquisition of Graydon the leading provider of business information in the Dutch and Belgium markets. This allows Creditsafe to aggressively expand its presence in this region and enhance its proposition”, says Cato Syversen CEO of Creditsafe.
Creditsafe, the global business intelligence experts, are the world’s most used providers of business reports. Today 110’000 customers globally depend on Creditsafe to make critical business decisions. Using real-time data from over 9’000 sources across 160+ countries Creditsafe provide its customer with clarity over their commercial landscape, allowing them to confidently optimise risk within their business.
With nearly 135 years of experience, Graydon is a provider of business information for companies and governments. Graydon collects, analyses and interprets data and provides insight into credit information and risk & compliance. Graydon enables organisations to make the right decisions based on relevant business insights to promote ethical, transparent and responsible trade. Graydon is an innovative business partner that creates predictive scores and delivers high-quality, tailor-made insights, limiting risks and increasing commercial opportunities. Graydon has offices in Amsterdam, Antwerp, London and Cardiff.
Atradius provides trade credit insurance, surety and collections services worldwide through a strategic presence in 50 countries. Atradius has access to credit information on 200 million companies worldwide. Its credit insurance, bonding and collections products help protect companies throughout the world from payment risks associated with selling products and services on trade credit. Atradius forms part of Grupo Catalana Occidente (GCO.MC), one of the leading insurers in Spain and worldwide in credit insurance.
Creditsafe was advised by KPMG Corporate Finance (financial adviser), Van Veen Advocaten (legal adviser), supported by Meijburg Legal (legal adviser), and EY (Tax). Atradius was advised by Kempen & Co (financial adviser), and Osborne Clarke (legal adviser).
David O’ Reilly - David.O’Reilly@creditsafe.ie
Manon Kellenaar - Manon.Kellenaar@graydon.nl
Dirk Hagener - Dirk.Hagener@atradius.com