TransUnion to buy iovation, Healthcare Payment Specialists
TransUnion said May 18 that it agreed to buy iovation. Financial terms weren’t announced. Iovation, which provides consumer-authentication and fraud-detection software, has raised about $17 million in venture funding. Investors include Sapphire Ventures. In a separate announcement, TransUnion said it also agreed to acquire Healthcare Payment Specialists, a provider of Medicare reimbursement. Terms were not disclosed. Nautic Partners is the seller. Morrison & Foerster advised iovation.





