Investor Group Led by Cannae Holdings, CC Capital, Bilcar, Black Knight and Thomas H. Lee Partners Completes Acquisition of Dun & Bradstreet

William P. Foley II Appointed Executive Chairman of Board of Directors

Black Knight CEO Anthony Jabbour to Serve as CEO

Stephen C. Daffron Named President

LAS VEGAS–(BUSINESS WIRE)–Cannae Holdings, Inc. (NYSE:CNNE) (“Cannae” or the “Company”), today
announced the completion of the previously announced acquisition of Dun
& Bradstreet by an investor group (the “Investor Group”) led by Cannae,
CC Capital Partners, LLC (“CC Capital”), Bilcar, LLC, Black Knight, Inc.
(NYSE:BKI) and funds affiliated with Thomas H. Lee Partners, L.P.

In connection with the closing, William P. Foley II, Chairman of Cannae
Holdings and Executive Chairman of Black Knight, has been appointed
Executive Chairman of Dun & Bradstreet’s Board of Directors. Anthony
Jabbour, Black Knight’s Chief Executive Officer, was appointed Chief
Executive Officer of Dun & Bradstreet and will remain in his current
role at Black Knight. Additionally, Stephen C. Daffron, a Co-Founder of
Motive Partners and former President and Chief Executive Officer of
Interactive Data Corporation, has been appointed President of Dun &

As a private company, Dun & Bradstreet is well positioned to
reinvigorate growth and I look forward to partnering with Anthony,
Stephen and the Board in my new role,” stated William P. Foley II,
Executive Chairman of Dun & Bradstreet’s Board of Directors. “Building
on Dun & Bradstreet’s strong platform as a global leader in business
insights, I look forward to improving growth and customers’ experience,
while increasing operating efficiencies to deliver enhanced business
solutions across the world.”

As a result of the completion of the transaction, shares of Dun &
Bradstreet common stock ceased trading on the New York Stock Exchange
(“NYSE”) prior to the opening of the NYSE today.

About Cannae Holdings, Inc.

Cannae (NYSE:CNNE) is a diversified holding company with over $1 billion
in book value in assets and boasts a strong track record of investing in
a diverse range of assets. Cannae holds majority and minority equity
investment stakes in a number of entities, including Ceridian Holdings,
LLC, American Blue Ribbon Holdings, LLC and T-System Holding LLC.
Principals at Cannae have successfully acquired over 100 companies with
aggregate consideration in excess of $30 billion for Fidelity National
Financial. Inc., Cannae and related companies over the last 20 years.
More information about Cannae can be found at

About Dun & Bradstreet

Dun & Bradstreet helps companies around the world improve their business
performance. The global leader in commercial data and analytics, we
glean insight from data to enable our customers to connect with the
prospects, suppliers, clients and partners that matter most. Since 1841,
companies of every size rely on Dun & Bradstreet to help them manage
risk and reveal opportunity.

About CC Capital

CC Capital is a private investment firm founded in 2016 by Chinh Chu,
with a focus on investing in and operating high-quality companies for
the long term. Prior to founding CC Capital, Mr. Chu had a successful
25-year career at Blackstone and played an instrumental role in building
its Private Equity business. Over the course of his career at
Blackstone, Mr. Chu led several industry verticals for the Private
Equity group, including financial services, technology, chemicals, and
healthcare products. He served as co-chairman of the firm’s Private
Equity Investment Committee and served on the firm’s Executive
Committee. More information about CC Capital can be found at

About Bilcar

Bilcar is a partnership owned by William and Carol Foley. Bilcar’s
assets include various investments and business interests. Mr. Foley
will serve as our Executive Chairman of the Board after the closing of
the Merger. Mr. Foley is the Chairman of the Board of Fidelity National
Financial, Inc. (“FNF”) and Cannae Holdings, Executive Chairman of Black
Knight and Co-Chairman of FGL Holdings. Mr. Foley brings over 30 years
of experience and has demonstrated operational expertise throughout his
career. Mr. Foley and his team achieved $312 million in cost reductions,
which was 208% of the initial target of $150 million, from FNF’s
acquisition of Lender Processing Services Inc., and has achieved
approximately 1.3x targeted synergies in over 8 large transactions. He
also led the growth of FNF, which transformed into the largest title
insurance company with industry leading margins.

About Black Knight

Black Knight (NYSE:BKI) is a leading provider of integrated software,
data and analytics solutions that facilitate and automate many of the
business processes across the homeownership life cycle.

As a leading fintech, Black Knight is committed to being a premier
business partner that clients rely on to achieve their strategic goals,
realize greater success and better serve their customers by delivering
best-in-class software, services and insights with a relentless
commitment to excellence, innovation, integrity and leadership. For more
information on Black Knight, please visit

About Thomas H. Lee Partners, L.P.

Thomas H. Lee Partners, L.P. is a premier private equity firm investing
in growth companies, headquartered in North America, exclusively in four
industry sectors: Business & Financial Services, Consumer & Retail,
Healthcare, and Media, Information Services & Technology. Using the
firm’s deep domain expertise and the internal operating capabilities of
its Strategic Resource Group, THL seeks to create deal sourcing
advantages, and to accelerate growth and improve operations in its
portfolio companies in partnership with management teams. Since its
founding in 1974, THL has raised over $25 billion of equity capital,
acquired over 140 portfolio companies and completed over 360 add-on
acquisitions which collectively represent a combined enterprise value at
the time of acquisition of over $200 billion.

Forward-Looking Statement and Risk Factors

This press release contains forward-looking statements that involve a
number of risks and uncertainties. Statements that are not historical
facts, including statements regarding our expectations, hopes,
intentions or strategies regarding the future are forward-looking
statements. Forward-looking statements are based on management’s
beliefs, as well as assumptions made by, and information currently
available to, management. Because such statements are based on
expectations as to future financial and operating results and are not
statements of fact, actual results may differ materially from those
projected. We undertake no obligation to update any forward-looking
statements, whether as a result of new information, future events or
otherwise. The risks and uncertainties which forward-looking statements
are subject to include, but are not limited to: changes in general
economic, business and political conditions, including changes in the
financial markets; our potential inability to find suitable acquisition
candidates, acquisitions in lines of business that will not necessarily
be limited to our traditional areas of focus, or difficulties in
integrating acquisitions; significant competition that our operating
subsidiaries face; compliance with extensive government regulation of
our operating subsidiaries; risks associated with our split-off from
Fidelity National Financial, Inc., including limitations on our
strategic and operating flexibility related to the tax-free nature of
the split-off and the Investment Company Act of 1940.

This press release should be read in conjunction with the risks detailed
in the “Statement Regarding Forward-Looking Information,” “Risk Factors”
and other sections of the Company’s Form 10-Q, 10-K and other filings
with the Securities and Exchange Commission.


Jamie Lillis, Managing Director, Solebury Trout, 203-428-3223,

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