Announced
Completed
Financials
Tags
Single Bidder
Consumer Lending
Private
United Kingdom
credit monitoring
Friendly
Acquisition
Completed
Synopsis
TransUnion, an American consumer credit reporting agency, sold Noddle, a credit report service, business to Credit Karma, an American multinational personal finance company. Financial terms were not disclosed. “TransUnion is excited to bring these companies together,” said John Danaher, TransUnion’s president of Consumer Interactive. “Noddle and Credit Karma are well-matched, both embracing a ‘consumer-first’ approach to offering free information monitoring and financial health solutions. We are confident the business will continue to thrive under its new ownership and that this divestiture is a positive move for all parties, including the people of the U.K.”
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.