TransUnion to acquire Monevo, a Credit Prequalification and Distribution Platform
Jan 08, 2025•6 months ago
Acquiring Company
TransUnion
Acquired Company
Monevo
Description
TransUnion has announced its agreement to acquire U.K.-based Monevo, a credit prequalification and distribution platform that empowers lenders and banks to deliver highly personalized credit offers to consumers via comparison websites and other third parties. This acquisition reinforces TransUnion's commitment to enhancing consumer lending processes and expanding its innovative solutions in the global marketplace.
DealWatch™ Score
60
High M&A Activity
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M&A Insights
Based on deal dataIntegration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed