Investor group closes take-private acquisition of Dun & Bradstreet
An investor group led by CC Capital, Cannae Holdings, Bilcar, Black Knight and Thomas H. Lee Partners has closed its previously announced take-private buyout of Dun & Bradstreet. The deal was reported to be $7.2 billion, according to a source familiar with the transaction. Financial advisers to the investor group included BofA Merrill Lynch, Citigroup and RBC Capital Markets while Kirkland & Ellis LLP provided legal advice. J.P. Morgan was financial adviser to Dun & Bradstreet with Cleary Gottlieb Steen & Hamilton LLP providing legal counsel. As a result of the transaction, Dun & Bradstreet stopped trading on the New York Stock Exchange prior to the opening of the NYSE today. Dun & Bradstreet is a provider of in commercial data, analytics and insights for businesses.
