Hogan Lovells Advises Dun & Bradstreet in Acquisition of NetProspex
09 January 2015
WASHINGTON, D.C., 8 January, 2015 – Hogan Lovells has advised Dun & Bradstreet, a leading source of commercial information and insight on businesses, on its acquisition of NetProspex, a Massachusetts-based company and leader in B2B professional contact data and data management. The transaction, which closed on 5 January 2015, was valued at US$125 million net of cash assumed.
The acquisition joins NetProspex’s comprehensive professional contact database with Dun & Bradstreet’s proprietary global business data and analytics.The two companies believe that their combination of leading capabilities and complementary technologies and expertise will help their collective customers to better segment, target and understand their ideal customers, identify and prioritize opportunities, and grow their business.
Hogan Lovells Washington, D.C. corporate partners Joseph Gilligan and Allen Hicks led the multidisciplinary team advising Dun & Bradstreet with assistance from relationship partners Randy Segal (corporate, Northern Virginia) and Marcy Wilder (privacy, Washington, D.C.) and partners from the antitrust, employee benefits, intellectual property, litigation, privacy, and tax practice groups, including: Carin Carithers, Dan Davidson, Joe Krauss, Scott Loughlin, Leigh Oliver, Audrey Reed, Evans Rice, and Tim Tobin.