R.L. Polk & Co. confirmed Friday reports that the company is potentially seeking a buyer.
R.L. Polk & Co. has asked New York investment banking firm Evercore Partners to explore strategic growth opportunities, but said there is no timeline or expectation of a transaction soon.
“Polk has been a family owned business for more than 140 years and our priority is on continuing this legacy of excellence, maintaining our strong commitment to our employees, customers and partners and ensuring whatever path we take is in the best interest of our company and its long-term future,” Polk said through a written statement.
R. L. Polk & Co. includes both the Polk and CARFAX business units.