August 7 2024 — In a significant development, Dun & Bradstreet, a major player in the data analytics and business intelligence industry, is contemplating a sale that could reshape the competitive landscape. The company, which boasts a market value exceeding $9 billion, including debt, is reportedly evaluating its options in collaboration with Bank of America’s strategic advisers.

Insiders reveal that potential buyers, primarily from the private equity sector, are being canvassed to assess their interest in this analytics powerhouse. Cannae Holdings, the largest shareholder with a 15.6% stake, might leverage its shares in a deal to potentially reduce the acquisition cost, according to a source close to the matter. However, confidentiality remains paramount, and the outcome of these discussions is still uncertain.

Following the news, Dun & Bradstreet's shares experienced a notable surge, climbing as much as 23% to $12.66, marking the highest trading point since February 2023. The stock later adjusted to a 19% increase at $12.24, valuing the firm at $5.4 billion, despite carrying a substantial debt load of about $3.7 billion.

Dun & Bradstreet, with roots dating back to 1841, is renowned for its robust data solutions and extensive analytics capabilities, serving an impressive roster of 135,000 businesses, including 90% of the Fortune 500. This strategic move underscores the evolving dynamics within the data and analytics sector, highlighting a pivotal moment for stakeholders and industry watchers alike.