Two private equity investors have agreed to buy TransUnion Corp.
Advent International and GS Capital Partners VI Fund LP will buy the credit bureau from its stockholders, including Madison Dearborn Partners and the Pritzker family business interests.
Chicago-based TransUnion on Feb. 17 valued the deal at more than $3 billion, though it did not disclose the exact financial terms. It expects the acquisition to close in the first half of the year.
TransUnion President and chief executive Bobby Mehta and the rest of TransUnion’s leadership team will remain with the company.
GS Capital Partner makes private equity investments for Goldman Sachs & Co. and others.
Madison Dearborn is a private equity investment firm based in Chicago. Penny Pritzker, whose family founded the Hyatt hotel chain and once owned a Chicago area bank, is TransUnion’s chairman.