TransUnion Closes Monevo Buyout-March 2024-www.financetom.com

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TransUnion Closes Monevo Buyout

Apr 1, 2025 5:18 AM

07:55 AM EDT, 04/01/2025 (MT Newswires) -- TransUnion ( TRU ) said Tuesday it has completed the buyout of credit prequalification and distribution platform Monevo from Quint Group.

Deal terms were not disclosed, the company said, adding that it financed the deal through existing cash on hand.

TransUnion ( TRU ) previously held 30% of Monevo's equity after acquiring a minority stake in 2021, it said.

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