AcquisitionsApr 28, 2026, 04:27 PM
TRU Acquires Trans Union de Mexico; Q1 Net Income +168% to $397.1M
AI Summary
TransUnion acquired a controlling 68% equity interest in Trans Union de Mexico for $659.7 million, leading to a $225.5 million non-taxable gain from remeasuring its prior investment. The company also finalized the purchase price allocation for the Monevo acquisition. For Q1 2026, TransUnion reported a significant increase in net income attributable to TransUnion by 168% to $397.1 million and diluted EPS by 172% to $2.04, with revenue growing 13.7% to $1,245.7 million.
Key Highlights
- Acquired 68% equity in Trans Union de Mexico for $659.7M cash.
- Remeasured prior investment in Trans Union de Mexico, resulting in $225.5M gain.
- Finalized Monevo acquisition, recognizing $68.0M goodwill and $64.0M intangibles.
- Q1 2026 Revenue increased 13.7% to $1,245.7M.
- Q1 2026 Net Income attributable to TRU rose 168.1% to $397.1M.
- Q1 2026 Diluted EPS grew 172% to $2.04.
- Cash provided by operating activities increased 60.4% to $84.2M.
- Repurchased $12.1M of common stock; $688.1M remains available.