Headwaters MB Advised CR Software, LLC on its Sale to FICO

DENVER, CO – Headwaters advised CR Software, LLC, a leading provider of enterprise-class collections and recovery solutions for credit issuers, government organizations, collection agencies, retailers, healthcare providers and other enterprises, on its sale to FICO (NYSE:FICO).

“We were pleased to work with the CR team and to achieve a strategic outcome,” said Jack Maier, Head of Investment Banking at Headwaters. “Under the leadership of Martin Germanis, Ed Wallen and Edz Sturans, CR built the industry-leading accounts receivable and collections management software platform and had become one of the leading independent financial technology providers.”

Terms of the transaction were not disclosed.