IHS Inc. said today it has acquired Carproof Corp., a Canadian used-vehicle history provider, for $460 million.
Carproof, of London, Ontario, provides vehicle history reports to dealers, consumers and others in Canada, much in the same way that IHS-owned Carfax does in the U.S.
IHS, a market-research company in Englewood, Colo., bought Carfax as part of a $1.4 billion acquisition in 2013. IHS Automotive is based in suburban Detroit.
