An affiliate of Stellex Capital Management has acquired G2 Web Services, Lundquist Consulting, and Fintellix India Private Limited from TransUnion. The Platform is comprised of leading and tenured businesses, focusing on deploying sophisticated data-driven solutions to provide mission-critical risk, fraud mitigation, and regulatory compliance services to their respective global clients within the financial and digital commerce sectors. An affiliate of Stellex will be investing in the Platform’s people, technology, and products with the goal of continuing to enhance its value proposition to customers. In conjunction with the transaction, Stellex named Brian Longe as CEO of the newly formed Platform. Mr. Longe brings over 30 years of experience growing technology and data services businesses in both private equity backed and public markets settings. Most recently, he served as the CEO of Sontiq, a top-rated identity theft protection provider to businesses and consumers. Prior to Sontiq, Longe served as the CEO of Wolters Kluwer Financial Services and American Stock Transfer & Trust Company. The transaction closed on December 30, 2022. DLA Piper acted as legal counsel to Stellex.
Published first on TheFly
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