Clearlake Capital Group, L.P. has announced its agreement to acquire Dun & Bradstreet Holdings, Inc. for a total transaction value of $7.7 billion, which includes outstanding debt. The equity portion of the deal is valued at $4.1 billion. Under the terms, Dun & Bradstreet shareholders will receive $9.15 in cash per share.

Dun & Bradstreet's Board of Directors has unanimously approved the agreement. CEO Anthony Jabbour highlighted the company's significant transformation over the past six years, noting a 40% revenue increase and a 60% rise in EBITDA. He also mentioned a reduction in leverage from 9 times to 3.6 times, alongside improvements in data quality and market position.

Clearlake's Co-Founder Behdad Eghbali and Partner James Pade emphasized the potential for Dun & Bradstreet to leverage its extensive data and analytics capabilities to provide AI-powered solutions to a growing client base. They believe that as businesses increasingly rely on data for decision-making, Dun & Bradstreet is well-positioned to meet this demand.

The acquisition includes a 30-day "go-shop" period, allowing Dun & Bradstreet to seek alternative offers. The deal is anticipated to close in the third quarter of 2025, pending shareholder approval and regulatory clearances.

Clearlake's financial advisors for the transaction include major firms such as Morgan Stanley, Goldman Sachs, and JP Morgan, among others. Ares Credit Funds and HSBC are also involved in the financing.