Advent International, GS Capital to acquire TransUnion from Madison Dearborn, Pritzker family


Private equity firms Advent International and GS Capital Partners have agreed to acquire credit reporting company TransUnion from investment group Madison Dearborn Partners and the Pritzker family business interests.

The transaction values TransUnion at over $3bn. The company’s president and CEO Bobby Mehta and the rest of the company’s leadership team will remain with TransUnion following the deal.

Back in October 2011, it was reported that Madison Dearborne has shelved plans to sell TransUnion in favour of a possible IPO.

Madison Dearborn initially acquired a 51 per cent stake in TransUnion in 2010 from the wealthy US Pritzker family, following a 2001 settlement agreement in which 11 heirs decided to divide the family’s wealth by divesting certain key assets.

“Since we spun TransUnion out of the Marmon Group we have extended the global footprint into more than a dozen countries and are leading change in the way many industries, like healthcare and insurance, leverage data assets,” said Penny Pritzker, chair of TransUnion’s Bboard of directors. “The foundation and global infrastructure we have built in terms of technology, solutions and talent will serve TransUnion and its new owners well as they continue to accelerate on global growth opportunities.”

“Penny, Bobby, Madison Dearborn and the TransUnion team have built a remarkably strong organization with long-standing customer relationships and a reputation for product and service excellence,” said Chris Egan, a managing firector at Advent. “We intend to build on those foundations and grow TransUnion by ensuring that the company continues to deliver superior information and risk management tools both in the US and in key growth markets like Latin America.”

Founded in 1968 and headquartered in Chicago, TransUnion provides information and risk management services in 25 countries.

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