Intersections Sells Captira Analytical

2/21/17

Intersections Inc. (NASDAQ: INTX), a leading provider of identity risk management and privacy protection services for consumers, today announced that it sold the membership interest of its wholly-owned subsidiary Captira Analytical, LLC effective January 31, 2017. Captira Analytical provides automated service solutions to the bail bonds industry.

"We divested our ownership in Captira in connection with our strategy to focus on identity and privacy protection services through our Identity Guard®, Privacy Now™ with Watson™ and other brands," said Johan Roets, Intersections' Chief Executive officer. "We are pleased that under new ownership, Captira will continue to provide its service solutions to existing and new customers."

The sale of Captira will mark the conclusion of Intersections' operations in its Bail Bonds Industry Solutions reporting segment, the results of which have not had a significant impact on the Company's consolidated financial results.

About Intersections Inc.:

Intersections Inc. (NASDAQ: INTX) provides innovative, information based solutions that help consumers manage risks and make better informed life decisions. Under its IDENTITY GUARD® brand and other brands, the company helps consumers monitor, manage and protect against the risks associated with their identities and personal information. Headquartered in Chantilly, Virginia, the company was founded in 1996. To learn more, visit www.intersections.com.

Recent Deals

Interested in advertising your deals? Contact Edwin Warfield.