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Credit Clear Limited (ASX:CCR)

ALERT: Price-sensitive ASX Announcement for CCR
Current share price for CCR : $0.170 -0.075 (-30.61%)+
Announcement
Release
18 Dec 2025 2:15PM
Price at Release
$0.245
Full Release
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Summary
Credit Clear Limited has announced the acquisition of DTS, a SaaS collections business with a 35-year history, operating across several countries including the UK, Australia, and the USA. The acquisition, valued at A$7.75 million, is aimed at enhancing Credit Clear's platform by integrating DTS's automated voice call capabilities with its own AI and digital engagement tools, offering significant cross-selling opportunities with DTS's Blue-Chip client base. This move is expected to be earnings accretive and complements Credit Clear's ongoing expansion efforts, including its previous acquisition of ARC Europe. The transaction, to be completed by January 2026, is funded from existing cash reserves.
Key Points
  • Credit Clear Limited acquires DTS for A$7.75 million.
  • DTS has a 35-year track record with operations in multiple countries.
  • The acquisition is expected to be earnings accretive in the first full year.
  • DTS's capabilities enhance Credit Clear's SaaS platform.
  • Significant cross-sell opportunities with DTS's Blue-Chip clients.
  • Acquisition complements Credit Clear's geographic expansion strategy.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.