TransUnion will use proceeds from sale of three units to pay debt

By Mary-Katherine Stinson

Lexington, Ky., Dec. 13 – TransUnion LLC will use the cash proceeds from the sale of three units to prepay debt, according to a press release Tuesday.

The sale of G2 Web Services, Inc., Lundquist Consulting, Inc. and Fintellix India Private Ltd. to an affiliate of Stellex Capital Management LLC is expected to close by the end of the year. The total consideration of $176 million will consist of $104 million cash and a $72 million note receivable with up to three years in duration.

TransUnion is a Chicago-based information and insights company.

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