Dun & Bradstreet Corp. acquired NetProspex, Inc. from Edison Partners, Eastward Capital Partners, LLC, Spring Lake Equity Partners LLC, Spring Lake Equity Partners LLC fund and others for approximately $130 million.
January 08, 2015 at 04:00 am
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Dun & Bradstreet Corp. (NYSE:DNB) acquired NetProspex, Inc. from Edison Partners, Eastward Capital Partners, LLC, Spring Lake Equity Partners LLC, Spring Lake Equity Partners LLC fund and others for approximately $130 million on January 5, 2015. The consideration is net of cash assumed. Michael Bird, Chief Executive Officer of NetProspex will transition to general manager of the newly-named Dun & Bradstreet NetProspex and will report to Josh Peirez, Chief Operating Officer of Dun & Bradstreet. NetProspex and its employees are now a part of Dun & Bradstreet and will continue to operate out of Waltham, Massachusetts. The acquisition is expected to dilute 2015 earnings per share (EPS) by approximately 2%, before deal related expenses including amortization and deal costs, and to be neutral to 2015 free cash flow. The transaction is expected to become accretive to Dun & Bradstreet's adjusted EPS beginning in 2016. Joseph E. Gilligan, G. Allen Hicks, Randy S. Segal, Marcy Wilder, James J. Benson, James P. DePaoli, Justin C. Johnson, Scott F. Rissmiller, Carin C. Carithers, Margaret R. McIntyre, Robert F. Baldwin III, Joseph G. Krauss, Leigh L. Oliver, Audrey Haroz Reed, Catlan M. McCurdy, Daniel M. Davidson, Scott T. Loughlin, Timothy P. Tobin, Jared A. Bomberg and J. Evans Rice III of Hogan Lovells acted as legal advisors to Dun & Bradstreet Corp. Sheehan Phinney Bass & Green acted as legal advisor and JPMorgan Chase & Co. acted as financial advisor to Dun & Bradstreet Corp. Duff & Phelps Corporation acted as the financial advisor to Dun & Bradstreet Corp.
Dun & Bradstreet Corp. (NYSE:DNB) completed the acquisition of NetProspex, Inc. from Edison Partners, Eastward Capital Partners, LLC, Spring Lake Equity Partners LLC, Spring Lake Equity Partners LLC fund and others on January 5, 2015.
Dun & Bradstreet Holdings, Inc. is a global provider of business decisioning data and analytics. The Company clients embed its end-to-end solutions into their daily workflows to inform commercial credit decisions, confirm suppliers and improve salesforce productivity and gain visibility into key markets. Its solutions support its clientsâ mission critical business operations by providing and curated data and analytics to help drive informed decisions and improved outcomes. The Company operates through two segments: North America and International. Its finance and risk solutions are used in the critical decisioning processes of finance, risk, compliance and procurement departments worldwide. Its sales and marketing solutions combine firmographic, personal contact, intent and non-traditional data to assist clients in optimizing their sales and marketing strategy by cleansing customer relationship management (CRM) data and narrowing their focus and efforts on the probability prospects.
Dun & Bradstreet Corp. acquired NetProspex, Inc. from Edison Partners, Eastward Capital Partners, LLC, Spring Lake Equity Partners LLC, Spring Lake Equity Partners LLC fund and others for approximately $130 million.
DUN & BRADSTREET HOLDINGS, INC. 
