ATLANTA – August 31, 2022 – Equifax® (NYSE: EFX)
announced today that it has completed the acquisition of LawLogix, a
leading provider of cloud-based I-9 software and immigration case
management software. The definitive agreement to acquire LawLogix was
announced on July
21, 2022. LawLogix is now part of the Workforce Solutions
business unit, expanding the company’s portfolio of employer-
and HR-focused solutions that help firms manage their hiring and
employment needs amidst a rapidly changing landscape.
“Equifax has expanded well beyond a traditional credit
bureau and the acquisition of LawLogix marks the sixth acquisition
in support of the continued growth and expansion of the Equifax
Workforce Solutions business unit since the beginning of 2021,” said
Mark W. Begor, CEO of Equifax. “We are rapidly building a New
Equifax. Leveraging our EFX Cloud™ infrastructure, we will integrate
LawLogix into our suite of Workforce Solutions employer services,
expanding our current capabilities and setting the stage for future innovation.”
LawLogix offers two cloud-based software as a service (SaaS)
solutions: Guardian and Edge. Guardian helps employers with their Form
I-9 and E-Verify requirements while providing a user-friendly I-9
workflow that supports organizations with a distributed workforce.
Edge provides immigration law firms, non-profit organizations, and
employers with comprehensive immigration case management software,
including a customizable, easy-to-use client web portal. These
solutions are supported by award-winning customer support representatives.
LawLogix, an Equifax company, is now a part of the Workforce
Solutions business unit and will retain its presence in Phoenix.
LawLogix President John Fay has assumed the role of Director of
Product Strategy for LawLogix, an Equifax company.
“Both LawLogix and Equifax Workforce Solutions are focused
on deploying our technology and expertise to help customers
streamline important processes,” said Fay. “We are excited for our
future together, as we leverage Equifax capabilities in analytics
and technology for the benefit of LawLogix customers.”
The LawLogix transaction is not anticipated to have a
material impact on 2022 Equifax financial results.
This release contains forward-looking statements and
forward-looking information. All statements that address operating
performance and events or developments that we expect or anticipate
will occur in the future, including statements about the expected
financial and operational benefits, synergies and growth from the
LawLogix acquisition and our ability to integrate LawLogix and its
products, services, technologies, IT systems and personnel into our
operations, and similar statements about our outlook and our business
plans are forward-looking statements. We believe these forward-looking
statements are reasonable as and when made. However, forward-looking
statements are subject to risks and uncertainties that could cause
actual results to differ materially from our historical experience and
our present expectations or projections. These risks and uncertainties
include, but are not limited to, those described in our 2021 Form 10-K
and subsequent SEC filings. As a result of such risks and
uncertainties, we urge you not to place undue reliance on any
forward-looking statements. Forward-looking statements speak only as
of the date when made. We undertake no obligation to publicly update
or revise any forward-looking statements, whether as a result of new
information, future events or otherwise, except as required by law.
ABOUT EQUIFAX INC.
At Equifax (NYSE: EFX), we believe knowledge drives
progress. As a global data, analytics, and technology company,
we play an essential role in the global economy by helping
financial institutions, companies, employers, and government
agencies make critical decisions with greater confidence. Our
unique blend of differentiated data, analytics, and cloud
technology drives insights to power decisions to move people
forward. Headquartered in Atlanta and supported by more than
13,000 employees worldwide, Equifax operates or has investments in
25 countries in North America, Central and South America, Europe,
and the Asia Pacific region. For more information, visit Equifax.com.
LawLogix assists millions of people every year through its
innovative Electronic I-9 service, E-Verify and immigration case
management software. Founded in 2000, LawLogix is a trusted SaaS
provider for many prestigious immigration law firms, organizations and
corporations. For more information about LawLogix and its suite of
products, visit LawLogix.com.
FOR MORE INFORMATION
Daniel Jenkins for Equifax Workforce Solutions