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Motive Partners - Brainfood Special

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BRAINFOOD SPECIAL EDITION Motive Partners is delighted to announce investment into Dun & Brads
 
November 29 · Issue #118 · View online
Brainfood
BRAINFOOD SPECIAL EDITION

Motive Partners is delighted to announce investment into Dun & Bradstreet and Bindable - more details on the deals can be found below:


Dun & Bradstreet Announcement

Motive Partners today announced that it has approved a significant investment in Dun & Bradstreet, a global leader in commercial data, analytics and insights for businesses. Motive Partners will be joining an investment consortium of CC Capital, Cannae Holdings, Thomas H. Lee Partners, L.P. and Black Knight, Inc., which has announced plans to acquire Dun & Bradstreet. As previously announced by Dun & Bradstreet, the acquisition is expected to close no later than the first quarter of 2019.

Rob Heyvaert, Founder and Managing Partner of Motive Partners, commented:

“Dun & Bradstreet is a high-quality business with a 100+ year history of serving its global customer base. With Steve and Anthony’s experience and leadership, and with the support from this highly esteemed investor group, I am excited about Motive’s investment and the opportunity to work alongside management to help realize significant value at the company.” 

Anthony Jabbour, Chief Executive Officer of Dun & Bradstreet, commented:

“Steve has been a fixture in the development and implementation of technology, data, and operational processes in financial services, having served as Chief Executive Officer of Interactive Data and in senior leadership positions at Morgan Stanley, Renaissance Technologies, Goldman Sachs and most recently, as Co-Founder of Motive Partners. I welcome the opportunity to work alongside Steve as we position the company for continued success.”


Stephen C. Daffron, Co-Founder and Industry Partner at Motive Partners, commented:

“I am excited by this unique opportunity to work side-by-side with Anthony in leading Dun & Bradstreet and look forward to working closely with management, Bill and the rest of the investor consortium to help unlock the value within this renowned company. Dun & Bradstreet is entering an important chapter in its evolution as a company and will be well-positioned as a private company to increase operating efficiencies and effectively execute the company’s growth strategy.”  


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Bindable Announcement 

Bindable, an insurance technology company whose goal is to transform the affinity distribution of insurance, today announced an investment from EPIC Holdings, the corporate parent overseeing investments across the entire EPIC platform, including EPIC Insurance Brokers & Consultants, and a Wafra advised fund, in conjunction with Motive Partners, a global private equity firm focused on investing in financial technology companies.

Bill Suneson, Co-Founder and CEO of Bindable, commented:

“We’ve built our platform to transform the distribution of insurance through sponsored channels and we’re pleased to partner with EPIC, Motive Partners and Wafra to not only support our vision but also provide the strategic capacity to help us drive that change. We seek to enable the insurance industry to better serve customers through preferred channels and this new capital will help us realize our vision.”

Scott Kauffman, Partner at Motive Partners, commented:

We believe Bindable has created a platform that is well-positioned for rapid growth, as insurance carriers and brokerages increasingly rely on digital and tech-enabled distribution solutions. I look forward to working with Bill Suneson and John Hahn to help Bindable achieve our shared vision.

Deal Coverage
Dun & Bradstreet
Motive Partners Announces Significant Investment in Dun & Bradstreet
Dun & Bradstreet appoints Daffron as president
The Rob Heyvaert fund enters the Dun & Bradstreet data giant
Bindable
Bindable Announces Investment Round
Insurtech Bindable gets investment from EPIC, Motive Partners & Wafra
Insurance tech company Bindable lands funding
Insurtech Bindable attracts investment from EPIC
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