Editing TransUnion (section)

==History==
TransUnion was originally formed in 1968 as a holding company for [[Union Tank Car Company]], making TransUnion a [[Successors of Standard Oil|descendant of Standard Oil]] through Union Tank Car Company.<ref>{{Cite book|last=Gupta|first=Rohit|url=https://books.google.com/books?id=l7R9DwAAQBAJ&q=TransUnion+was+originally+formed+in+1968&pg=PT99|title=Reward and Donation Crowdfunding: A Complete Guide for Emerging Startups|date=2018-12-06|publisher=Notion Press|isbn=978-1-68466-089-6|language=en}}</ref> The following year, it acquired the Credit Bureau of Cook County, which possessed and maintained 3.6 million credit accounts.<ref>{{Cite web|last=O'Connell|first=Brian|title=What Are the Three Credit Bureaus and Why Do They Matter?|url=https://www.thestreet.com/personal-finance/education/three-credit-bureaus-14878504|access-date=2020-06-09|website=TheStreet|date=13 March 2019 |language=en-us}}</ref> In 1981, a Chicago-based holding company, The [[Marmon Group]], acquired TransUnion for approximately $688 million.<ref name="The Marmon Group Wikipedia Page">[[Marmon Group]]</ref><ref name="Cunningham Book">{{cite book|last1=Cunningham|first1=Lawrence|title=Book: All One." Berkshire beyond Buffett: The Enduring Value of Values, .|date=21 October 2014|publisher=New York Columbia Business School|isbn=978-0231170048|ref=Search: Marmon}}</ref>

In 2010, [[Goldman Sachs Capital Partners]] and [[Advent International]] acquired it from [[Madison Dearborn Partners]].<ref>{{cite web|title=Advent and Goldman to buy TransUnion in $3B Deal|url=https://dealbook.nytimes.com/2012/02/17/advent-and-goldman-to-buy-transunion-in-3-billion-deal/?_r=1|work=New York Times| date=17 February 2012 |access-date=13 May 2015}}</ref> In 2014, TransUnion acquired [[Hank Asher]]'s data company TLO.<ref>{{Cite web|title=TransUnion buys TLO - South Florida Business Journal<|url=https://www.bizjournals.com/southflorida/print-edition/2013/11/29/transunion-buys-tlo.html|access-date=2020-06-09|website=www.bizjournals.com}}</ref> On June 25, 2015, TransUnion became a publicly traded company for the first time, trading under the symbol TRU.

TransUnion eventually began to offer products and services for both businesses and consumers. For businesses, TransUnion updated its traditional credit score offering to include trended data that helps predict consumer repayment and debt behavior. This product, referred to as CreditVision, launched in October 2013.<ref>{{Cite book|last=Gupta|first=Rohit|url=https://books.google.com/books?id=l7R9DwAAQBAJ&q=transunion+Credit+Vision%2C+launched+in+October+2013&pg=PT99|title=Reward and Donation Crowdfunding: A Complete Guide for Emerging Startups|date=2018-12-06|publisher=Notion Press|isbn=978-1-68466-089-6|language=en}}</ref>

Its SmartMove™ service facilitates credit and background checks for landlords.  The service also provides credit and background checks for partner companies, such as RentSpree. 
 {{Citation needed|date=June 2020}}

In September 2013, the company acquired eScan Data Systems of [[Austin, Texas]], to provide post-service eligibility determination support to hospitals and healthcare systems. The technology was integrated into TransUnion's ClearIQ platform, which tracks patients demographic and insurance related information to support benefit verification.<ref>{{Cite web|title = TransUnion acquires Austin's eScan Data Systems – Austin Business Journal|url = https://www.bizjournals.com/austin/news/2013/09/24/transunion-acquires-austins-escan.html|website = Austin Business Journal|access-date = 2015-12-14}}</ref>

In November 2013, TransUnion acquired TLO LLC, a company that [[information broker|leverages data]] in support of its investigative and risk management tools. Its TLOxp technology aggregates data sets and uses a proprietary algorithm to uncover relationships between data. TLOxp also allows licensed investigators and law enforcement professionals to access personally identifiable information from [[credit header data]].<ref>{{Cite web|title = Court gives approval for TransUnion-TLO merger|url = http://www.vcpost.com/articles/18598/20131123/court-gives-approval-transunion-tlo-merger.htm|website = Venture Capital Post|date = 2013-11-23|access-date = 2015-12-14}}</ref>

In 2014, a TransUnion analysis found that reporting rental payment information to credit bureaus can positively affect credit scores. As a result, TransUnion initiated a service called ResidentCredit, making it easy for property owners to report data about their tenants on a monthly basis. These reports include the amount each tenant pays, the timeliness of their last payment, and any remaining balance the tenant currently owes. As a result, some companies have started reporting rent payment information to TransUnion.

In 2015, TransUnion acquired Trustev, a digital verification company specializing in online fraud for $21 million, minus debts.<ref>{{Cite web|title=Form 8-K|url=https://www.sec.gov/Archives/edgar/data/1552033/000155203319000010/transunion-20181231x10k.htm|date=2015-12-09|website=www.sec.gov|language=en|access-date=2020-08-29}}</ref>

In 2017, TransUnion acquired FactorTrust, a consumer reporting agency specializing in alternative credit data.<ref>{{Cite web|title=TransUnion acquires FactorTrust|url=https://www.autoremarketing.com/subprime/transunion-acquires-factortrust|date=2017-11-15|website=Auto Remarketing|language=en|access-date=2020-05-21}}</ref><ref>{{Cite web|title=Document|url=https://www.sec.gov/Archives/edgar/data/1552033/000155203319000010/transunion-20181231x10k.htm|website=www.sec.gov|access-date=2020-05-21}}</ref>

In mid-April 2018, TransUnion announced it intended to buy UK-based CallCredit Information Group for $1.4 billion,<ref>{{Cite news|title = TransUnion to buy UK-based Callcredit for $1.4 billion|url = https://www.reuters.com/article/us-callcredit-m-a-transunion/transunion-to-buy-uk-based-callcredit-for-1-4-billion-idUSKBN1HR1MB|website = Reuters|date = 20 April 2018|access-date = 2018-04-20}}</ref> subject to regulatory approval.

In December 2021, TransUnion completed the acquisitions of [[Neustar]],<ref>{{cite press release | title=TransUnion and Neustar Announce Transaction Close | url=https://www.globenewswire.com/news-release/2021/12/01/2344146/0/en/TransUnion-and-Neustar-Announce-Transaction-Close.html | website=GlobeNewswire | date=2021-12-01 | accessdate=2023-04-15}}</ref> initially announced in September 2021 for $3.1 billion,<ref>{{cite web | title=TransUnion to buy Neustar for $3.1bn | url=https://www.pehub.com/transunion-to-buy-neustar-for-3-1bn/ | website=PE Hub | date=2021-09-13 | accessdate=2023-04-15}}</ref> and Sontiq which included [[IdentityForce]],<ref>{{cite press release | title=TransUnion Completes Acquisition of Sontiq | url=https://www.globenewswire.com/news-release/2021/12/01/2344558/0/en/TransUnion-Completes-Acquisition-of-Sontiq.html | website=GlobeNewswire | date=2021-12-01 | accessdate=2023-04-15}}</ref> initially announced in October 2021 for $638 million.<ref>{{cite web | title=TransUnion Acquires Identity Security Company Sontiq for $638 Million | url=https://www.securityweek.com/transunion-acquires-identity-security-company-sontiq-638-million/ | website=SecurityWeek | date=2021-10-27 | accessdate=2023-04-15}}</ref>

In February 2023, TransUnion announced it was rebranding its "thousands of existing B2B products into seven business lines."<ref>{{cite press release | title=TransUnion Announces Rebrand of its Business Solutions with Focus on Providing a Tru™ Picture of Consumers | url=https://www.globenewswire.com/en/news-release/2023/02/21/2612088/0/en/TransUnion-Announces-Rebrand-of-its-Business-Solutions-with-Focus-on-Providing-a-Tru-Picture-of-Consumers.html/ | website=GlobeNewswire | date=2022-02-21 | accessdate=2023-04-15}}</ref> These include: TruAudience, TruValidate, TruContact (all based on former offerings from Neustar), TruVision, TruIQ, TruEmpower, and TruLookup.<ref>{{cite web | title=TransUnion Rebrands Business Solutions | url=https://finovate.com/transunion-rebrands-business-solutions/ | website=Finovate | date=2022-02-21 | accessdate=2023-04-15}}</ref>

In January 2025, TransUnion has been observed in buying a majority stake in its Mexican arm in a deal worth around $560 million. TransUnion's stake in Trans Union de Mexico is said to be shot up around 94%, from a current 26%. <ref>{{Cite news |date=January 16, 2025 |title=TransUnion buys out banks in Mexican credit bureau arm in $560 million deal |url=https://www.reuters.com/markets/deals/banco-santander-mexico-sell-stake-transunion-mexico-2025-01-16/}}</ref>