Compuscan, a leading South African credit bureau, and ScoreSharp, a specialist credit risk management consultancy, announced this week a definitive merger agreement which will see ScoreSharp form part of the Compuscan Group.
The merger brings with it a number of benefits to both Compuscan and ScoreSharp clients, following an already established relationship between the two companies. Since the onset of their business partnership, ScoreSharp has assisted Compuscan with the provision of value-added services, including strategic consulting, data analytics and predictive modelling solutions.
Incorporating the expertise of ScoreSharp into the Compuscan stable will allow both companies to better meet the needs of their customers and ensure superior service delivery and innovative solutions.
The merger brings with it tremendous advantages for clients, shareholders and employees of both Compuscan and ScoreSharp, as it marks the bringing together of two successful, mission-driven organisations with a shared vision of being the leading partner in credit risk management. The merger will produce business advantages for both entities, including opportunities for future growth, financial stability and future sustainability.
Remo Lenisa, Managing Director of Compuscan, said of the merger: "This is a significant move that accelerates our strategy and positions us as a leader in the credit industry by offering even greater value to our customers and partners. In addition to the clear strategic benefits of merging two highly complementary organisations it allows us access to new growth opportunities and positions us in a leadership role within the market. I look forward to the potential that this merger holds both for the company and our clients.”
Peter van Heerden, Managing Director of ScoreSharp, says: “Through the collective experience, expertise and knowledge gained as result of the merger, it gives us added depth and innovation in our solutions offerings. I strongly believe that we will have most satisfied customers as a result of this merger.”
Should you have any questions or queries, please do not hesitate to contact us on (086) 151 4131 or info@compuscan.co.za, or contact ScoreSharp on (011) 317 3822 or info@scoresharp.co.za.
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