Credit Software Home

Your Credit Report

TRW Credit Report is Gone!

TRW Credit Reports, TRW Sells Its Information Services Business. The New Company is named Experian

TRW TO SELL ITS INFORMATION SERVICES BUSINESS 

For Release: February 9, 1996

TRW Inc. today announced an agreement with a privately held corporation capitalized by Bain Capital, Inc., and Thomas H. Lee Company relating to the spinoff of TRW's information services business (IS&S) in a transaction valued at over $1 billion. The sale, which will be structured as a recapitalization, is expected to be completed in the second half of the year. 

A related agreement will provide for the use of the TRW trademark for a two-year period. The current IS&S senior management, employees, and facilities will form the nucleus of the new company. Additionally, TRW will hold one seat on the board of the new company.

Mr. Gorman said, "We are very pleased that Bain Capital and Thomas H. Lee will be investing in and growing TRW's information business to the continuing benefit of our customers, employees, and shareholders. Over the last five years, this business has become the information industry's showcase for responsible data management." 

Full text of release: Click Here

If you have a question about your personal credit report, see it online in less than one minute, you can also get your credit score. A merged report from all three credit bureaus is also available.

If you are a financial institution, business, or governmental agency with an ongoing need to request Credit Reports, and you'd like more information about our credit software that allows you request credit reports directly from Equifax, Experian, and/or Trans Union please review our home page.

Join a credit bureau   Equifax   Experian   Trans Union  News  Prices   Software Order Form
Credit Report - CanadaCredit report - Canada   Personal Credit ReportsCredit report - U.S.