Consumer credit reporter TransUnion Corp. announced Friday that it will be sold to private equity firm Advent International Corp. and a private equity arm of Goldman Sachs Group Inc. in a deal that values the Chicago-based company at more than $3 billion.
Advent and GS Capital Partners VI Fund expect to complete the deal by the second quarter of the year at the latest. The buyers are acquiring TransUnion from its current stockholders, a group that includes private equity firm Madison Dearborn Partners and the Pritzker family, the wealthy Chicago clan whose holdings include the Hyatt hotel chain.The Pritzkers controlled TransUnion until 2010, when they sold controlling interest to Madison Dearborn in a deal that valued the company at between $2 billion and $3 billion, according to the Chicago Tribune.
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