TransUnion, which employs 4,100 in 24 countries, says the acquisition will help it extend its role by providing intelligence-based risk management in the property management sector of the economy. RentPort has provided applicant-screening products for property managers since 1999.

TransUnion will immediately leverage the organization's team of experts and applicant screening experience to bring property managers the technology for making leasing recommendations with greater accuracy. "The acquisition of RentPort expands our capabilities to support the residential leasing market," says Barry Botruff, executive vice president of TransUnion. "The additional capabilities and expertise gained from this acquisition also provide us with an opportunity to enhance existing screening products to solve our customer's business issues."

Additionally, the acquisition enhances TransUnion's comprehensive fraud management solutions by adding deeper levels of information that will yield improved risk analysis, he says. "This transaction brings substantial strength and momentum to our rapidly growing screening business," says Michael Britti, RentPort chief executive officer. "We are excited to become part of TransUnion, a company with proven expertise and such a rich legacy as a global information solutions leader."

Britti was founder of CreditRetrievers, before its merger with RentPort. Prior to that, Britti was in charge of national multifamily sales for large companies, including one point Communications, now part of Verizon. He also had been a vice president of Denver-based Archstone Communities and National Housing Partnerships Inc., which is now part of Apartment Investment and Management Co., also based in Denver.

TransUnion was founded in 1968. It uses technology and analytical capabilities to combat fraud and facilitate credit transactions between businesses and consumers.