TransUnion, which employs 4,100 in 24 countries, says theacquisition will help it extend its role by providingintelligence-based risk management in the property managementsector of the economy. RentPort has provided applicant-screeningproducts for property managers since 1999.

TransUnion will immediately leverage the organization's team ofexperts and applicant screening experience to bring propertymanagers the technology for making leasing recommendations withgreater accuracy. "The acquisition of RentPort expands ourcapabilities to support the residential leasing market," says BarryBotruff, executive vice president of TransUnion. "The additionalcapabilities and expertise gained from this acquisition alsoprovide us with an opportunity to enhance existing screeningproducts to solve our customer's business issues."

Additionally, the acquisition enhances TransUnion'scomprehensive fraud management solutions by adding deeper levels ofinformation that will yield improved risk analysis, he says. "Thistransaction brings substantial strength and momentum to our rapidlygrowing screening business," says Michael Britti, RentPort chiefexecutive officer. "We are excited to become part of TransUnion, acompany with proven expertise and such a rich legacy as a globalinformation solutions leader."