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TransUnion Files IPO

1TransUnion filed with U.S. regulators on Tuesday for an initial public offering of common stock.  TransUnion filed for an IPO in 2011 but withdrew the offering in 2012 after it was sold by private equity firm Madison Dearborn Partners and the Pritzker family to Advent International and Goldman Sachs.

According to Reuters, Goldman and Advent own about 49 percent each of the company.  Reuters reported last month that TransUnion had revived plans for an IPO that could raise up to $1 billion this year.

TransUnion’s filing included a nominal fundraising target of about $100 million. The amount of money a company says it plans to raise in its first IPO filing is used to calculate the registration fees. The final size of the IPO could be different.  TransUnion did not reveal the exchange on which it planned plans to list its common stock.

Source:  Reuters

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