Announced
Completed
Financials
Tags
Single Bidder
Digital Services
Majority
United States
Acquisition
Private
digital identity protection
Friendly
Domestic
Completed
Synopsis
TransUnion, an American consumer credit reporting agency, completed the acquisition of Sontiq, a provider of digital identity protection and security, from Wicks Group, a private equity firm, for $638m. "As online commerce rapidly accelerates, TransUnion has calibrated its business to address consumer and customer challenges relating to identity. Augmenting our Consumer Interactive business with Sontiq’s identity and cyber protection services will advance our work to enable consumers and businesses to transact with greater certainty," Chris Cartwright, TransUnion President and CEO.
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