Equifax Inc. Announces Acquisition of HIREtech

Equifax Inc. announced that it has completed the acquisition of HIREtech, a technology-focused Human Capital Management (HCM) and employer tax incentive firm. With this acquisition HIREtech, Equifax expands the Workforce Solutions' portfolio with fast-tracking offerings for both employers, suite of products, and verification services. As digital efficiency continues to accelerate in the HR space, acquiring HIREtech advances the Equifax pledge to support the HR and Payroll industry with more computerized and better data-centric services that help, simplify complex, manual HR tasks.

Mark W. Begor, Chief Executive Officer, Equifax said, "We are energized by the opportunities we can offer by adding the HIREtech capabilities to our differentiated Workforce Solutions' Work NumberⓇ income and employment verification and HR services. Our cloud-native footprint has enhanced our ability to integrate new alliances and acquisitions and drive synergies more quickly - as we believe only Equifax can. We are reinvesting our strong 2020 financial performance to help continue the expansion of our unique data assets and capabilities, making bolt-on M&A central to our future growth strategy."

HIREtech offers a robust technology platform that suggests businesses access to data and intelligence helps director significant financial and acquisition decisions. Connecting the gap between HR, finance, and tax, the HIREtech will help accelerate innovation within the Workforce Solutions business unit at Equifax.

Joe Muchnick, SVP at Equifax Workforce Solutions said, "This acquisition further reinforces the value that Equifax Workforce Solutions delivers as a provider of innovative, data-driven HR services, which has become critical as workforces shift to meet the evolving needs of employees and new work environments. Together we can accelerate our ability to help provide employers with innovations and actionable insights that better support their workforce."

HIREtech, an Equifax Inc., is now part of the Workforce Solutions business unit at Equifax. The HIREtech leadership team has expected roles with Equifax as part of the new Houston, Texas-based division of Equifax Workforce Solutions.

Brian Cameron CEO HIREtech said, "It is an exciting time to be in the HR technology field. Joining Equifax means we will be collaborating with sophisticated analytics teams and new cloud-based tools to help employers access the nearly real-time data and insights that help support critical financial and hiring decisions."