Loeb & Loeb LLP represented TransUnion, a global leader in information and risk management, in the acquisition of Trustev, a global provider of digital verification technology. The purchase price was approximately $21 million at closing; an additional $23 million is contingent on Trustev achieving specified revenue, retention and EBITDA targets through 2018. Prior to the acquisition, TransUnion invested in and collaborated with Trustev on anti-fraud solutions.
To learn more about the deal, see TransUnion’s press release:
The Loeb & Loeb deal team representing TransUnion in this transaction was led by partner Ross D. Emmerman and included attorneys Marla Aspinwall, Mark Goldberg, Alan J. Tarr, Nancy S. Jacobson, Andrew R. Smith and Amir Azaran. Mr. Emmerman has been an integral part of TransUnion’s transaction team for almost 25 years and has helped execute its M&A strategy with respect to middle-market transactions.