DETROIT -- Bar None Inc., a company that supplies dealerships with leads on customers with risky credit, has been acquired by The First American Corp., a provider of credit reports.
Bar None, of Pleasanton, Calif., will become a subsidiary of First American's credit information group. Terms of the deal were not disclosed.
Anand Nallathambi, president of the credit information group, says the Bar None acquisition "further expands First American's presence into the automotive market and enhances our nontraditional credit capabilities."
Jim Crouse, who founded Bar None in 1995, remains the company's president.
First American, of Santa Ana, Calif., provides data to businesses and consumers about vehicle purchases, employment, apartment rentals, home mortgages and business acquisition.
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