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Friday 11 December 2015

Ronan Daly Jermyn advised Cork-based tech start-up Trustev in its sale to consumer credit-rating company TransUnion for $44 million (€40 million). Set up in 2012 by Pat Phelan and Chris Kennedy, Trustev is a global provider of digital verification technology. The start-up verifies the identity of online shoppers by generating a digital fingerprint through various social media accounts. US-based TransUnion will pay $21 million in cash up front and up to $23 million more if Trustev achieves specified targets through 2018.

The Ronan Daly Jermyn deal team was led by partner Gillian Keating and solicitors Seán O'Reilly, Michelle Ryan and Christine Werner.

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