TransUnion has signed a definitive agreement to acquire Neustar from a private investment group led by Golden Gate Capital and with minority participation by GIC.

The acquisition advances TransUnion’s strategy to diversify from its core credit solutions with complementary digital marketing and fraud mitigation capabilities, TransUnion said in a statement.

Neustar’s OneID identity resolution platform is expected to enhance TransUnion’s identity-based solutions.

Neustar’s security business, which is excluded from the transaction, will become a Golden Gate Capital and GIC portfolio company following close.

[Image courtesy: TransUnion]