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New Deal


Announced

TransUnion to invest in Bud Financial.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Single Bidder

FinTech

financial services

United Kingdom

Friendly

Acquisition

Private

Cross Border

Minority

Pending

Synopsis

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TransUnion, an American consumer credit reporting agency, agreed to invest in Bud Financial, an AI-based open banking platform provider. Financial terms were not disclosed. “Bud exists to make financial decisions simple by turning transactional data into rich customer insight. By partnering with TransUnion, we’re able to combine advanced data intelligence capability with TransUnion’s expertise in financial services. This will drive improved return on investment for all of our customers, by connecting more people, through the banks they trust, to financial products that make their lives better,” Edward Maslaveckas, Bud Financial CEO.

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