WebDec 14, 2024 · In July, Black Knight acquired Dallas-based Optimal Blue from GTCR for $1.8 billion in a move that would combine Optimal Blue’s Pricing and Eligibility engine (PPE) capabilities with Black ... WebFeb 15, 2024 · JACKSONVILLE, Fla. – February 15, 2024 –Black Knight, Inc. (NYSE:BKI) announced that it has acquired the outstanding interests of Optimal Blue Holdco, LLC …
Black Knight buying Optimal Blue with help from Cannae and THL
WebJul 28, 2024 · Black Knight has announced an agreement with affiliates of private equity firm GTCR to purchase Optimal Blue for $1.8 billion. Under the deal, Black Knight will combine its Compass Analytics ... WebJul 27, 2024 · On July 27, 2024, Black Knight acquired business services company Optimal Blue from GTCR for 1.8B USD Acquisition Highlights. This is Black Knight’s 1st transaction in the Business Services sector. This is Black Knight’s largest (disclosed) transaction. This is Black Knight’s 7th transaction in the United States. fishing pole near me
Black Knight stock jumps on report of potential sale process after ...
WebApr 12, 2024 · “Black Knight’s Optimal Blue is the clear industry leader, serving lenders that originate as much as 40% of the nation’s residential mortgages each year,” the FTC’s petition states. ICE’s Encompass Product and Pricing Service PPE (EPPS) is a close second, it notes. WebFeb 15, 2024 · The aggregate purchase consideration of Optimal Blue Holdco was $1.156 billion, comprised of 36,376,360 shares of Dun & Bradstreet Holdings, Inc. with a stock value of $722.5 million and $433.5 million in cash, funded by borrowings under Black Knight’s revolving credit facility. WebSep 15, 2024 · Black Knight will own 60% of the new entity. Optimal Blue was purchased for an enterprise value of $1.8 billion funded with cash on hand, debt financing and investments from Cannae and THL. Trasimene Capital Management acted as the … can cats eat pop tarts