Advent International Partners with Former TransUnion CEO Jim Peck to Acquire Information and Analytics Services Businesses

BOSTON, August 5, 2020 – Advent International, one of the largest and most experienced global private equity investors, today announced a partnership with James “Jim” Peck, former Chief Executive Officer of TransUnion, to acquire businesses with growth potential in the data, analytics and information services space. Advent will support Jim with its operating resources and a significant capital commitment to consummate an investment.

Partnering with industry leading executives such as Jim Peck is a well-established element of Advent’s highly operational approach to investing. Peck, as CEO and Chairman, will lead the search for and acquisition of a data, analytics and information services business with the opportunity for operational improvement to deliver margin expansion and accelerate organic growth. Once a company has been acquired, Peck and his management team, with the support of Advent, will pursue additional M&A opportunities to create a market-leading platform.

“Jim is a world-class leader with a proven track record of delivering significant growth and value creation in the broader data and risk space,” said Chris Egan, Advent Managing Partner. “His wealth of experience in information services, analytics and risk management will significantly enhance our ability to use technology as an enabler of growth and operational excellence. We look forward to partnering on investment opportunities where Jim can draw upon the multi-dimensional transformation agendas he drove at TransUnion and LexisNexis.”

“Businesses in the information and analytics services space continue to have significant growth potential,” said Peck. “I am excited to partner with Advent, and reunite with Chris and the team, to identify attractive, scaled investment opportunities that will create value through innovation-driven revenue growth and margin expansion.”

Peck retired as the CEO of TransUnion in May 2019 and recently ended his role as board member and advisor. He joined TransUnion in 2012 when it was owned by Advent International and Goldman Sachs. As CEO, he led the company’s transformation into a market leader in innovation, driven by organic growth programs, tech re-platforming and over 15 strategic transactions, including TLO in 2013, CIBIL in 2016 and Callcredit in 2018. Peck led the company’s successful IPO in 2015, and during his tenure as CEO, TransUnion outperformed the market and increased in enterprise value from approximately $3 billion in 2012 to more than $16 billion in 2019. Prior to TransUnion, Peck oversaw growth at LexisNexis, spearheading the $4 billion acquisition and integration of ChoicePoint into LexisNexis and the acquisition of Seisint while serving as CEO of Risk Solutions from 2004 to 2012. Peck also served as SVP and Chief Product Officer of LexisNexis from 2001 to 2004.

Peck serves on the Board of Directors of Sun Life, CCC Information Services, an Advent portfolio company, and Neoway. He received a bachelor’s degree from the University of Dayton and an M.B.A. from The Ohio State University. Additionally, Peck received a CERT Certificate in Cybersecurity Oversight, issued by the CERT Division of the Software Engineering Institute at Carnegie Mellon University.

Advent has been investing in data and information services companies for nearly three decades. Investments include Domestic & General, TransUnion, P2 Energy, CCC Information Services and Definitive Healthcare.

ABOUT ADVENT INTERNATIONAL

Founded in 1984, Advent International is one of the largest and most experienced global private equity investors. The firm has invested in over 350 private equity transactions in 41 countries, and as of March 31, 2020, had $49 billion in assets under management. With 15 offices in 12 countries, Advent has established a globally integrated team of over 200 investment professionals across North America, Europe, Latin America, and Asia. The firm focuses on investments in five core sectors, including business and financial services; healthcare; industrial; retail, consumer and leisure; and technology. After 35 years dedicated to international investing, Advent remains committed to partnering with management teams to deliver sustained revenue and earnings growth for its portfolio companies. For more information, visit: www.adventinternational.com or www.linkedin.com/company/advent-international.

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Adventinternational-US@finsbury.com

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