Pellerano & Herrera assists multinational Equifax in the acquisition of Data-Crédito

Pellerano & Herrera assisted American multinational consumer credit reporting agency, Equifax, in the acquisition of Data-Crédito – the leading Dominican credit reporting bureau. This acquisition will mark the entry of this major multinational to the Dominican Republic and will undoubtedly improve service and quality in the consumer credit industry.

Equifax will provide local financial institutions with consumer profiling insights as part of the lending process. With the acquisition of Data-Crédito, the multinational will bring its experience and comprehensive solutions to the Dominican Republic. This acquisition will reflect in Equifax a bridge to the Caribbean that will allow it to connect and stay close to strategic regional clients to better serve its consumers.

“It has been a pleasure to accompany this American multinational in entering the Dominican market and in such an important acquisition. Equifax will bring to our country its knowledge, experience and exclusive technology that will enhance the strategic development of financial data in the Dominican Republic,” affirmed Ricardo Pellerano, managing partner of Pellerano & Herrera.

The firm’s legal team was led by partner, Alessandra Di Carlo; senior associate, María Montero; and associates, Laura Patiño and Farah Melgen.

Pellerano & Herrera has been the leading law firm in the Dominican Republic for more than 30 years and has participated in the largest and most important cases and transactions in the country. The firm has the most complete and multidisciplinary team of lawyers, with vast experience in more areas of practice than any other firm in the country.