Damon Ascolani , Head of Global Procurement at TransUnion , discusses the importance of procurement in M & A activity and how organisations can realise value
1968
Year founded
10.6K +
Number of employees
$ 3bn
Revenue ( 2021 )
TransUnion is a global information and insights company that makes trust possible between businesses and consumers and is one of the three largest consumer reporting agencies in the US . “ We provide the information that makes the relationship between consumers and business possible ,” says Damon Ascolani , Head of Global Procurement at TransUnion .
From credit scores to ID verification , alternative credit data , analytics , marketing , and debt collection strategies , TransUnion is the single source of information for aiding its clients in these areas .
Whilst Ascolani ’ s current stint at the company began in 2017 , he previously worked for the company back in 1998 . “ I was able to see the company before it became a public organisation ,” says Ascolani .
“ 20 years ago , the company was private and very back office . Today – and ever since it became public – TransUnion has a very entrepreneurial mindset . It ’ s an older company , but it acts like a startup with an open-minded and innovative culture . Its mission statement is ‘ Information for Good ’, enabling financial inclusion to people everywhere in the world .” procurementmag . com 159