TransUnion To Acquire Neustar - Quick Facts

(RTTNews) - TransUnion (TRU) has agreed to acquire Neustar from a private investment group led by Golden Gate Capital and with minority participation by GIC. Headquartered in Reston, Virginia, Neustar is an identity resolution company. It provides the data and technology that enable trusted connections between companies and people. The consideration is $3.1 billion in cash. TransUnion projects the acquisition to be accretive to adjusted diluted earnings per share beginning in 2023.

"TransUnion's powerful digital identity assets, enhanced by Neustar's distinctive data and digital resolution capabilities, will enable safer and more personalized online experiences for consumers and businesses," said Chris Cartwright, CEO of TransUnion.

Neustar serves more than 8,000 clients worldwide. Neustar is anticipated to generate approximately $575 million of revenue and $115 million of adjusted EBITDA in 2021.