CHICAGO – Goldman Sachs & Co. and Advent International have agreed to acquire privately held TransUnion, one of three main credit bureaus, in a deal valued at $3 billion.
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The deal comes less than two years after Madison Dearborn Partners LLC, a private equity fund, bought a 51% stake in TransUnion from the Pritzker family, owner of Hyatt hotels.
TransUnion has reported a $2.6 million loss for the first half of 2011, as it eliminated a significant amount of debt early. It posted a profit of $36.6 million in 2010.
Boston-based Advent International is majority owner of Vantiv, a payments processing company it owns with Fifth Third Bancorp.
