Halyard Portfolio Co. Buys The Credo Group

Tranzact, a Fort Lee, N.J.-based provider of customer acquisition solutions to the financial services and media and telecom sectors, has acquired The Credo Group, a Warminster, Pa.-based provider of e-distribution services to the insurance industry. No financial terms were disclosed. Tranzact is a portfolio company of Halyard Capital. www.tranzact.net