{"id":177197,"date":"2025-08-26T14:10:12","date_gmt":"2025-08-26T14:10:12","guid":{"rendered":"https:\/\/www.europesays.com\/us\/177197\/"},"modified":"2025-08-26T14:10:12","modified_gmt":"2025-08-26T14:10:12","slug":"clearlake-completes-7-7-billion-acquisition-of-dun-bradstreet","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/us\/177197\/","title":{"rendered":"Clearlake completes $7.7 billion acquisition of Dun & Bradstreet"},"content":{"rendered":"

Clearlake Capital Group L.P. announced Aug. 26 that it completed its $7.7 billion acquisition of Jacksonville-based business data firm Dun & Bradstreet Holdings Inc.<\/p>\n

Santa Monica, California-based Clearlake said that Dun & Bradstreet stockholders will receive $9.15 in cash for each share of common stock. It said that Dun & Bradstreet is now a privately held company, that its stock has ceased trading and it will be delisted from the New York Stock Exchange.<\/p>\n

Dun & Bradstreet announced the deal March 24 and the company\u2019s shareholders approved it June 12.<\/p>\n

The sale was well below Dun & Bradstreet\u2019s initial public offering price of $22 a share in July 2020. It was also below its closing price of $10.29 on Aug. 1, 2024, before news leaked out that the company was talking to potential buyers.<\/p>\n

Dun & Bradstreet\u2019s largest shareholder, Cannae Holdings Inc., pledged to support the deal with Clearlake when the agreement was signed.<\/p>\n

Dun & Bradstreet was acquired in 2019 by an investment group ledc by Cannae CEO and Fidelity Chairman Bill Foley.<\/p>\n

\"\"<\/p>\n

The Dun & Bradstreet headquarters at 5335 Gate Parkway across Butler Boulevard from St. Johns Town Center.<\/p>\n

File photo<\/p>\n

Cannae, which owns 13.5% of the stock, is the investment company spun off from Jacksonville-based Fidelity National Financial Inc.<\/p>\n

With its connections to Jacksonville, it moved the Dun & Bradstreet headquarters to the city in 2021.<\/p>\n

Dun & Bradstreet acquired the 218,700-square-foot Town Center Two building at 5335 Gate Parkway, across Butler Boulevard from St. Johns Town Center, for its headquarters.<\/p>\n

Clearlake and Dun & Bradstreet have not commented about plans for the headquarters. Representatives of Dun & Bradstreet and Clearlake have not responded to Daily Record inquiries about it.<\/p>\n

Clearlake said its financial advisors included Morgan Stanley, Goldman Sachs, JP Morgan, Rothschild & Co., Barclays, Citi, Deutsche Bank, Santander and Wells Fargo.<\/p>\n

Joint lead arrangers in financing the transaction were Ares Capital Management, Morgan Stanley, Golub Capital, Blue Owl Credit and Clearlake.<\/p>\n

Chicago-based Sidley Austin LLP served as Clearlake\u2019s legal counsel.<\/p>\n

Bank of America Securities served as financial advisor to Dun & Bradstreet. New York-based Weil, Gotshal & Manges LLP served as its legal counsel.<\/p>\n

Dun & Bradstreet says it is a \u201cleading global provider of business decisioning data and analytics, enables companies around the world to improve their business performance.\u201d<\/p>\n

Founded in 2006, Clearlake Capital Group says it is a global investment firm with more than $90 billion of assets under management.<\/p>\n

Clearlake has offices in Santa Monica, Dallas, London, Dublin, Luxembourg, Abu Dhabi and Singapore.\u00a0<\/p>\n

Contributing writer Mark Basch contributed to this report.<\/strong><\/p>\n

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