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New Deal


Announced

Completed

TransUnion sold Noddle business to Credit Karma.

Financials

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Transaction Value-
Consideration Type-
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Single Bidder

Consumer Lending

Private

United Kingdom

credit monitoring

Friendly

Acquisition

Completed

Synopsis

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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.”

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