TransUnion has agreed to acquire a majority share in Trans Union de Mexico, the consumer credit arm of Mexican credit bureau Buró de Crédito, for approximately $560 million (MXN 11.5 billion).TransUnion buys majority stage in Trans Union de MexicoThe transaction, funded through a mix of debt and equity, will see the US-based consumer credit agency increase its ownership in TransUnion de Mexico from 26% to around 94%.Along with its previous share in the company, TransUnion has maintained an interest in TransUnion de Mexico for over two decades, holding seats on its board of directors and serving as one of its technology providers.Carlos Valencia, regional president of TransUnion Latin America, says the acquisition will “strengthen our leadership position in Latin America and will make TransUnion the largest credit bureau in Spanish-speaking Latin America”.“We see substantial opportunity to introduce global products like trended and alternative credit data, fraud mitigation solutions and consumer engagement tools. We also plan to expand beyond traditional financial services into adjacencies such as fintech and insurance,” adds Valencia.TransUnion expects the acquisition, slated to close by the “end of 2025”, pending regulatory approvals, to generate around $145 million in revenue and $70 million in adjusted EBITDA.In tandem with the transaction, TransUnion intends to increase its workforce in Mexico “over the next several years” to “further strengthen the company’s capabilities within the region”, according to a company statement.Trans Union de México joins TransUnion’s expanding portfolio, which recently grew with the acquisition of personal credit platform Monevo earlier this month.
Mar. Gen 21st, 2025
