Credit bureau TransUnion said Friday it has reached agreement to acquire Callcredit, a U.K. credit and consumer data business for 1 billion pounds, or $1.4 billion. The deal is expected to close in the second quarter or early third quarter. Callcredit was founded in 2000 and offers strong synergies to TransUnion, according to Chief Executive Jim Peck. The deal was announced as TransUnion reported first-quarter earnings, showing net income of $73.1 million, or 38 cents a share, up from $62.3 million, or 33 cents a share, in the year-earlier period. Adjusted per-share earnings came to 57 cents, ahead of the FactSet consensus of 51 cents.revenue rose 18% to $537 million, also ahead of the FactSet consensus of $508 million. TransUnion said it is raising its 2018 revenue and adjusted EPS guidance and now expects revenue of $2.170 billion to $2.185 billion. Adjusted EPS is forecast at $2.37 to $2.41, including a 28 cents tax benefit. The FactSet consensus is for revenue of $2.134 billion and EPS of $2.31. Shares jumped 6% premarket and have gained 54% in the last 12 months, while the S&P 500 has gained 14%.