The acquisition process for Dun & Bradstreet, a leading international commercial data firm was completed by a private investment group. Following this, Chinh Chu and other executives shared their views on the completion of D&B acquisition. The private investment group was led by CC Capital Partners, LLC, Cannae Holdings, Inc., Bilcar, LLC, Black Knight, Inc, and Thomas H. Lee Partners.
After the completion of the acquisition, Stephen C. Daffron, Motive Partners Co-Founder, and the former President, as well as CEO of Interactive Data Corporation, was appointed as the President of Dun & Bradstreet. William P. Foley II, Chairman of Cannae Holdings and Executive Chairman of Black Night got the position of the Executive Chairman of Dun & Bradstreet’s Board of Directors. And Anthony Jabbour, Black Knight’s CEO was given the position of the CEO of Dun & Bradstreet.
Chinh Chu, Senior Managing Director of CC Capital and former Blackstone deal-maker expressed his happiness on the completion of the hefty transaction. Further, he said that the completion of the transaction would benefit all the stakeholders. He also said that the presence of Bill, Anthony, and Stephen in the leadership team will help to unlock the company’s significant potential in order to take it to its true value.
And William P. Foley II, Executive Chairman of Dun & Bradstreet’s Board of Directors said that D&B is in an excellent position to regrow to a new height and expressed his desire to enter a partnership with Anthony, Stephen and the other members of the Board in his new role.