Press release
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tu TransUnion TransUnion Accelerates Growth of Identity - Based Solutions with Agreement to Acquire Neustar for $ 3.1 Billion TransUnion takes a transformative step with largest acquisition to date Chicago , IL , Sept. 13 , 2021 – TransUnion ( NYSE : TRU ) has signed a definitive agreement to acquire Neustar , a premier identity resolution company with leading solutions in Marketing , Fraud and Communications , from a private investment group led by Golden Gate Capital and with minority participation by GIC . The acquisition expands TransUnion's powerful digital identity capabilities through the addition of Neustar's distinctive data and analytics , enabling consumers and businesses to transact online with greater confidence . Headquartered in Reston , Virginia , Neustar is expected to generate approximately $ 575 million of revenue and $ 115 million of Adjusted EBITDA in 2021. After integrating Neustar , TransUnion expects to accelerate growth through both material revenue synergies and increased participation in the fast growing digital marketing and identity fraud marketplaces . The company anticipates material cost synergies from the combined companies , and expects the transaction to be accretive to Adjusted Diluted EPS beginning in 2023 . " The credit information and analytics that TransUnion provides make trust possible between consumers and businesses . As digital commerce continues to grow globally , TransUnion's powerful digital identity assets , enhanced by Neustar's distinctive data and digital resolution capabilities , will enable safer and more personalized online experiences for consumers and businesses , " said Chris Cartwright , President and CEO of TransUnion . The acquisition advances TransUnion's strategy to diversify from its core credit solutions with complementary digital marketing and fraud mitigation capabilities . Neustar's OnelD platform will help to unify the digital identity capability TransUnion has built and acquired in recent years including the TLO data assets and fusion platform , the iovation device reputation network and the digital marketing capabilities of Tru Optik , among others . " TransUnion and Neustar share a similar strategic vision , culture and focus on building innovative identity - based solutions which enable trusted connections between companies and people , " said Charlie Gottdiener , President and CEO of Neustar . " The two companies ' complementary businesses , products and relationships will offer benefits for our combined customers , employees and other stakeholders across a diverse set of markets . " Rishi Chandna , Managing Director at Golden Gate Capital , said , " Over the last four years , Neustar has meaningfully scaled its core portfolio of solutions , completed strategic investments in its growth platforms and technology , and enhanced its winning culture . We are proud to have partnered with management and the talented Neustar team to execute this successful transformation into a leading provider of identity - driven solutions which leading brands rely on every day to connect with their prospects and customers . We have great respect for TransUnion and are confident they are the right partner for Neustar in its next chapter . " 1