Clayton Buys U.K. Risk Consultancy

Shelton, Conn., Clayton Holdings Inc., a provider of information-based analytics, consulting and outsourced services for capital markets firms, lending institutions, fixed income investors and loan servicers, will acquire Euro Risk Management Limited, Bristol, a credit and risk consultancy operating in the United Kingdom, Italy and Holland.Terms of the deal, which is expected to close in April, were not disclosed. Euro Risk Management provides services including underwriting, due diligence, outsourced quality control, credit policy reviews and operational consulting to capital markets firms and buyers of residential mortgages and other assets. The company, which was established in 1997, uses a variable workforce model to provide teams of experts that perform reviews. As a result of the deal, the company will be re-named Clayton Euro Risk Limited, and Tim Keast, chief executive officer of Euro Risk Management, will continue to lead the company as president. Clayton can be found on the Web at http://www.clayton.com.