Simpson Thacher is representing TransUnion (NYSE: TRU) in connection with 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.
The Simpson Thacher team includes Ravi Purushotham, 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).