Stellex acquires Transunion’s G2, LCI and Fintellix for $176m

An affiliate of Stellex Capital Management (Stellex), a $2.6bn 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.

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“We are excited about the acquisition of the Platform which together will form Stellex’s data-centric digital risk and compliance platform,” said Irina Krasik, Managing Director at Stellex. “We believe these businesses are well poised for growth as they already hold commanding positions in their sectors and we will look to invest in their capabilities organically and through M&A.”

Stellex is a global, multi sector investment firm with offices in New York, Detroit, Pittsburgh and London with over $2.6 billion in assets under management. Founded in 2014, Stellex seeks to identify and deploy capital in opportunities that have the potential to provide growth, stability and operational improvement.

Portfolio companies benefit from Stellex’s industry knowledge, operating capabilities, network of senior executives, strategic insight and access to capital.

Source: Investment Week

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