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FICO (FICO) Acquires Collections, Recovery Software Provider CR Software

November 26, 2012 4:35 PM EST
FICO (NYSE: FICO) has acquired CR Software, LLC, a leading provider of enterprise-class collections and recovery solutions for credit issuers, government organizations, collection agencies, retailers, healthcare providers and other enterprises. The transaction has closed, and terms are not being disclosed.

Established in 1984, CR Software has more than 28 years' experience implementing collections and recovery solutions. CR Software currently supports more than 300 public and private organizations, including the State of Oregon, the State of Mississippi, the State of Maryland, NCO, Schumacher Group, Sallie Mae, and Genpact.


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