D&B files for IPO worth up to $1B

By Eric Strauss
Short Hills | Jun 10, 2020 at 10:52 am

Dun & Bradstreet, the Short Hills-based data and analytics company that went private in 2018, has filed for an IPO that could be worth up to $1 billion.

The filing released by the Securities & Exchange Commission listed a maximum offering of $1 billion in common stock. It did not include details such as prospective share price or number of shares, however.

D&B went private in August 2018 as part of a merger with an investor group including CC Capital, Cannae Holdings and affiliates of Thomas H. Lee Partners.

That deal was valued at approximately $5.4 billion.

Since then, ownership has brought in new top executives and streamlined both operations and workforce head count, it noted in the filing.

The filing indicated that the current ownership would retain control after the IPO.

D&B did not immediately respond to a request for comment.

To see the filing, click here.

Eric Strauss | estrauss@roi-nj.com | @acerimrat