Simpson Thacher recently represented TransUnion (NYSE: TRU) in connection with a secondary offering of 7,535,107 shares of common stock by certain selling stockholders for aggregate proceeds of approximately $394 million. The selling stockholders received all proceeds from the offering.
Morgan Stanley & Co. LLC and Goldman Sachs & Co. LLC acted as underwriters for the offering.
TransUnion is a leading global risk and information solutions provider to businesses and consumers. TransUnion provides consumer reports, risk scores, analytical services and decisioning capabilities to businesses. TransUnion also provides solutions to consumers to view their credit profiles and access analytical tools that help them understand and manage their personal information and take precautions against identity theft.
The Simpson Thacher team included Richard Fenyes, Sung Bum Cho, Jonathan Zane and Dorothy Hector (Capital Markets); Charles Mathes (Public Company Advisory Practice); Mark Chorazak (Bank Regulatory); Jonathan Cantor and Christopher Murray (Tax); David Rubinsky (Executive Compensation and Employee Benefits); and Jennie Getsin (FINRA).