TransUnion’s $515 Million Acquisition of Verisk Financial Services

Simpson Thacher represented TransUnion on the deal, while Davis Polk advised Verisk.

TransUnion (NYSE: TRU) announced its proposed acquisition of Verisk Financial Services, the financial services business unit of Verisk Analytics, Inc. (NASDAQ: VRSK) for $515 million. The transaction is expected to close in the second quarter of 2022, subject to the satisfaction of customary closing conditions and regulatory approvals.

Verisk Financial Services is relied upon by leading financial institutions, payments providers and retailers worldwide for competitive studies, predictive analytics, models and advisory services to provide a clear perspective on where their business stands today – and how to best position them for success in the future. Verisk Financial’s leading business, Argus Information & Advisory Services, focuses on credit and debit card accounts and demand deposit account behaviors that complement TransUnion’s core consumer credit business.

TransUnion is a global information and insights company with 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.

The Simpson Thacher team included Ravi Purushotham (Picture), Eric Swedenburg and Malik Ladhani (M&A); Jonathan Goldstein and Eli Shalam (Tax); Lori Lesser, Melanie Jolson, Bobbie Burrows and Rachelle Broida (IP); David Rubinsky, Linda Barrett and Matias Botto (Executive Compensation and Employee Benefits); Jennifer Hobbs and Patrick Wolff (Banking & Credit); Krista McManus and Dennis Loiacono (Real Estate); Adeeb Fadil (Environmental); and Sara Razi and Geoffrey Schmelkin (Antitrust).

The Davis Polk corporate team included partner Marc O. Williams and associates Joshua B. Pittell and Roderick Sheng. Partner Matthew J. Bacal provided intellectual property advice. The tax team included partner Patrick E. Sigmon and counsel Elina Khodorkovsky. The executive compensation team included partner Jeffrey P. Crandall and associate John G. Curran. Partner Ronan P. Harty provided antitrust and competition advice. Partner John B. Meade provided capital markets advice. 

Involved fees earner: Matthew Bacal – Davis Polk & Wardwell; Jeffrey Crandall – Davis Polk & Wardwell; John Curran – Davis Polk & Wardwell; Ronan Harty – Davis Polk & Wardwell; Elina Khodorkovsky – Davis Polk & Wardwell; John Meade – Davis Polk & Wardwell; Joshua Pittell – Davis Polk & Wardwell; Roderick Sheng – Davis Polk & Wardwell; Patrick Sigmon – Davis Polk & Wardwell; Marc Williams – Davis Polk & Wardwell; Linda Barrett – Simpson Thacher & Bartlett; Matias Botto – Simpson Thacher & Bartlett; Rachelle Broida – Simpson Thacher & Bartlett; Bobbie Burrows – Simpson Thacher & Bartlett; Adeeb Fadil – Simpson Thacher & Bartlett; Jonathan Goldstein – Simpson Thacher & Bartlett; Jennifer Hobbs – Simpson Thacher & Bartlett; Melanie Jolson – Simpson Thacher & Bartlett; Malik Ladhani – Simpson Thacher & Bartlett; Lori Lesser – Simpson Thacher & Bartlett; Dennis Loiacono – Simpson Thacher & Bartlett; Krista McManus – Simpson Thacher & Bartlett; Ravi Purushotham – Simpson Thacher & Bartlett; Sara Razi – Simpson Thacher & Bartlett; David Rubinsky – Simpson Thacher & Bartlett; Geoffrey Schmelkin – Simpson Thacher & Bartlett; Eli Shalam – Simpson Thacher & Bartlett; Eric Swedenburg – Simpson Thacher & Bartlett; Patrick Wolff – Simpson Thacher & Bartlett;

Law Firms: Davis Polk & Wardwell; Simpson Thacher & Bartlett;

Clients: TransUnion; Verisk Analytics, Inc.;

Avatar

Author: Youness Semri