Cision Ltd. (NYSE:CISN) signed a definitive agreement to acquire PRIME Research International AG & Co. KG from Rainer Mathes on December 23, 2017. As part of partial consideration, Cision will issue 1.74 million shares at closing and €2.5 million of shares 18 months after closing, subject to certain reductions in accordance with the agreement. The closing of the transaction is subject to customary closing conditions, including regulatory approval. The transaction is expected to close in January of 2018. Mark A. Fennell, P.C., Aprajita Dhundia, and Rachel Greenhalgh from Kirkland & Ellis LLP acted as legal advisors for Cision Ltd. (NYSE:CISN). KPMG Corporate Finance LLC acted as financial advisor to PRIME Research International AG & Co. KG. Cision Ltd. (NYSE:CISN) completed the acquisition of PRIME Research International AG & Co. KG from Rainer Mathes for €76.7 million on January 23, 2018. As part of consideration, €53.1 million was paid in cash and approximately 1.7 million shares were issued at closing, in addition, €6.2 million of deferred payments due within 18 months out of which Cision has the discretion to pay up to €2.5 million of the deferred payments with ordinary shares. The transaction was funded using the proceeds of the incremented first lien credit facility of $75 million (€63.2 million) provided to Canyon Valor Companies a wholly owned subsidiary of Cision. Post-completion, Rainer Mathes, Founder and President of PRIME Research International, has been appointed President of Cision Insights.