Sightline Payments LLC announced that it has received $100 million in funding from Cannae Holdings, Inc., Searchlight Capital Partners, L.P., Vectr Ventures Limited, Point Break Capital Management LLC, Genting Berhad, Shift4 Ventures, Inc. and another investor
April 31, 2021
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Sightline Payments LLC announced that it has received $100 million in a round of funding co-led by Cannae Holdings, Inc. (NYSE:CNNE) and William P. Foley II on April 1, 2021. The transaction also included participation from Vectr Ventures Limited, Point Break Capital Management LLC, Genting Berhad (KLSE:GENTING), Shift4 Ventures and existing investor Searchlight Capital Partners, L.P. Cannae Holdings, Inc. (NYSE:CNNE) participated in the transaction for $32 million.
Cannae Holdings, Inc. is a diversified holding company, which is engaged in acquiring interests in operating companies and are actively engaged in managing and operating a core group of those companies. The Company operates through its wholly owned subsidiary, Cannae Holdings, LLC (Cannae LLC). Its segments include Restaurant Group, Dun & Bradstreet (D&B), Black Knight Football and Entertainment (BKFE), Alight, and Corporate and Other. Its Dun & Bradstreet segment offers business decisioning data and analytics and support its clientâs mission critical business operations by providing proprietary and curated data. Alight segment provides cloud-based integrated digital human capital and business solutions. BKFE is focused on building a global network of world-class football clubs, players, and real estate assets that will produce operational synergies, accelerate player development. Restaurant Group segment consists of its operations of O'Charley's and 99 Restaurants.
Sightline Payments LLC announced that it has received $100 million in funding from Cannae Holdings, Inc., Searchlight Capital Partners, L.P., Vectr Ventures Limited, Point Break Capital Management LLC, Genting Berhad, Shift4 Ventures, Inc. and another investor