Credit reporting firm TransUnion Corp
has agreed to be bought by buyout firm Advent International and a Goldman Sachs unit in a deal valued at $3 billion.

The deal is expected to close late first quarter or the second quarter of this year, the company said in a statement.

TransUnion Chief Executive Bobby Mehta will remain with the company.

TransUnion competes with firms such as Experian Plc and Equifax Inc .

(Reporting by Tanya Agrawal in Bangalore; Editing by Sriraj Kalluvila)