An affiliate of Stellex Capital Management, a $2.6 billion multi sector investment firm with offices in New York, Detroit, Pittsburgh and London, is to acquire G2 Web Services, Lundquist Consulting, and Fintellix India Private Limited from Transunion for $176 million.
An affiliate of Stellex Capital Management (Stellex), a $2.6 billion multi sector investment firm with offices in New York, Detroit, Pittsburgh and London, is to acquire G2 Web Services (G2), Lundquist Consulting (LCI), and Fintellix India Private Limited (Fintellix) from Transunion for $176 million.
The deal is structured as a $104 million cash consideration and a $72 million note receivable with up to three years in duration.
G2, LCI and Fintellix focus on deploying data-driven solutions to risk, fraud mitigation and regulatory compliance services to their respective global clients within the financial and digital commerce sectors.
