Schufa Owners Said to Eye Sale of German Credit Score Firm
- Private equity firms EQT, H&F among potential suitors
- Schufa could be valued at more than 2 billion euros in sale
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Schufa Holding AG, the German equivalent to the FICO credit score firm in the the U.S., is exploring a sale, according to people familiar with the matter.
The company’s owners, which include Deutsche Bank AG and Commerzbank AG, have already held talks with private equity suitors EQT AB and Hellman & Friedman about a potential deal, the people said. Schufa could be valued at more than 2 billion euros ($2.3 billion) in any sale, the people said, asking not to be identified discussing confidential information.