Carfax owner buys Carproof for $460 million
Douglas County-based IHS Inc., an information and analytics firm that owns the Carfax automotive information service, has acquired Carproof Corp., a similar service based in Canada, for $460 million, according to The Denver Post.
Acquisition of the 15-year-old company will give IHS a foothold in Canada, company officials said. IHS had acquired Carfax owner R.L. Polk & Co. in 2013.
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Douglas County-based IHS Inc., an information and analytics firm that owns the Carfax automotive information service, has acquired Carproof Corp., a similar service based in Canada, for $460 million, according to The Denver Post.
Acquisition of the 15-year-old company will give IHS a foothold in Canada, company officials said. IHS had acquired Carfax owner R.L. Polk & Co. in 2013.
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