Dun & Bradstreet (NYSE: DNB), a leading global provider of business decisioning data and analytics, has entered into a definitive agreement to be acquired by Clearlake Capital Group, L.P. in a transaction valued at $7.7 billion. Under the terms of the agreement, Dun & Bradstreet shareholders will receive $9.15 in cash for each share of common stock they own. The transaction is expected to close in the third quarter of 2025, subject to shareholder approval and regulatory clearances.
Dun & Bradstreet's CEO, Anthony Jabbour, noted that the company has experienced significant growth and improvement over the last six years. Revenue has grown by approximately 40%, EBITDA by 60%, and margins have expanded by nearly 600 basis points. Additionally, leverage has decreased from 9 times to 3.6 times.
The purchase price for the acquisition will be funded by Clearlake with a combination of equity and debt financing. BofA Securities is serving as the financial advisor to Dun & Bradstreet in this transaction, while Weil, Gotshal & Manges LLP is serving as legal counsel.
Upon completion of the transaction, Dun & Bradstreet will become a privately held company and will no longer be listed on any public market.
Clearlake Capital Group, L.P., founded in 2006, has a sector-focused approach and currently has over $90 billion of assets under management. The firm is headquartered in Santa Monica, CA, and has affiliates in several other locations globally.
The transaction, subject to customary closing conditions, represents a significant development for both Dun & Bradstreet and Clearlake Capital Group, L.P. The market has reacted to these announcements by moving the company's shares -0.3% to a price of $8.96. For the full picture, make sure to review Dun & Bradstreet's 8-K report.
