SYDNEY- Australian debt collection technology firm Credit Clear Limited CCR.AX said on Thursday it has agreed to buy software-as-a-service (SaaS) collections business DTS for A$7.75 million ($5.1 million) in cash, aiming to expand its digital platform and geographic footprint.
The acquisition of Illion Digital Tech Solutions Holdings Limited (DTS), a unit of Experian New Zealand Operations Limited, is expected to be completed around Jan. 1, 2026, Credit Clear said in a statement.
DTS, which has a 35-year track record and operates in the United Kingdom, Australia, New Zealand, Canada and the United States, provides digital debt collection and management solutions. Its services include automated voice calls, SMS, web and email engagement for sectors such as financial services, telecoms and utilities.
Credit Clear said the purchase price implies a multiple of 6.5 times DTS’s forecast annualised earnings before interest, tax, depreciation and amortisation (EBITDA) for fiscal year 2026. DTS generated annualised revenue of A$10 million and EBITDA of A$1.2 million for the period from July 1 to Nov. 30, 2025.
“The acquisition of DTS assists in accelerating our geographic expansion,” said Credit Clear Chief Executive Andrew Smith. He added that the deal would increase the proportion of SaaS revenue in the company’s business from 5% to 17%.
Credit Clear said the deal would provide cross-selling opportunities with DTS’s existing blue-chip client base and enhance its digital offerings by combining DTS’s voice capabilities with its own artificial intelligence and adaptive workflows.
The company said the acquisition would be funded from existing cash reserves and is expected to be earnings accretive in its first full financial year of ownership.
($1 = 1.5149 Australian dollars)