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TransUnion to acquire majority ownership of Trans Union de Mexico, S.A., S.I.C. from Buró de Crédito for $560M to expand Latin American footprint

TransUnion to acquire majority ownership of Trans Union de Mexico, S.A., S.I.C. from Buró de Crédito for $560M to expand Latin American footprint

01/16/25, 11:43 AM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgchicago
https://purecatamphetamine.github.io/country-flag-icons/3x2/MX.svgmexico
Industry
lending
fintech
finance
financial services
TransUnion has announced a definitive agreement to acquire majority ownership of Trans Union de Mexico, S.A., S.I.C., the consumer credit business of the largest credit bureau in Mexico, Buró de Crédito. With the acquisition, TransUnion aims to strengthen its presence in Latin America and bring state-of-the-art technology, innovative solutions, and industry expertise to Mexican consumers and businesses, furthering financial inclusion and supporting the country’s digital transformation objectives.

Company Info

Company
TransUnion
Location
Chicago, Illinois, United States
Company info
TransUnion is a global information and insights company that makes trust possible in the modern economy. We do this by providing an actionable picture of each person so they can be reliably represented in the marketplace. As a result, businesses and consumers can transact with confidence and achieve great things. This picture is grounded in our legacy as a credit reporting agency which enables us to tap into both credit and public record data; our data fusion methodology that helps us link, match and tap into the awesome combined power of that data; and our knowledgeable and passionate team, who stewards the information with expertise, and in accordance with local legislation around the world. A leading presence in more than 30 countries across five continents, TransUnion provides solutions that help create economic opportunity, great experiences and personal empowerment for hundreds of millions of people. We call this Information for Good®—it’s our purpose, and what drives us every day.

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