World’s leading international commercial data firm, Dun and Bradstreet’s acquisition process was completed on February 8th, 2019 by a private investment group. The group was led by CC Capital Partners, LLC, Cannae Holding, Bilcar and Black Night. The funds for the acquisition were affiliated with Thomas H. Lee Partners, L.P.
During the closing of the acquisition process, Stephen C. Daffron, who is a Co-Founder of Motive Partners, has been appointed as the president of Dun and Bradstreet. Daffron is also a chief executive officer of Interactive Data Corporation. In addition, William P. Foley ll was appointed as Executive Chairman of Dun and Bradstreet’s board of directors. He was earlier at the post of Chairman at Cannae Holdings and executive Chairman of Black Knight. Anthony Jabbour was appointed the chief executive officer of Dun and Bradstreet but he will also remain in his current role of Chief Executive Officer at Black Knight.
Chinch Chu is Senior Managing director of CC Capital and former Blackstone deal maker. He said, “We are pleased to have completed this momentous transaction for the benefit of all stakeholders and look forward to the next chapter in Dun & Bradstreet’s storied, 177-year history. With Bill, Anthony and Stephen at the helm, we are confident that we have the best leadership team in place to unlock the Company’s significant potential and create tremendous value.”
CC Capital is an investment company and it is focused on investing in top companies. Since two decades, few members of the investor group were working with one another as partners to solidify the leadership position of Dun and Bradstreet. CC Capital is in trade credit and other data analytic business, which are directed towards continued growth and success.