Dun & Bradstreet Acquires NetProspex - Quick Facts

(RTTNews) - Dun & Bradstreet Corp.(DNB), the source of commercial information and insight on businesses, announced it has acquired Massachusetts-based NetProspex, a leader in B2B professional contact data and data management, for $125 million net of cash assumed, on January 5, 2015.

The acquisition combines NetProspex's comprehensive professional contact database with Dun & Bradstreet's proprietary global business data and analytics.

The addition of the NetProspex Workbench data services platform and CleneStep methodology to Dun & Bradstreet's global commercial database will further enable customers to better understand their ideal customers, identify and prioritize opportunities, and grow their business.

NetProspex and its employees are now a part of Dun & Bradstreet and will continue to operate out of Waltham, Massachusetts. NetProspex CEO Michael Bird will transition to general manager of the newly-named Dun & Bradstreet NetProspex, reporting to Josh Peirez, chief operating officer, Dun & Bradstreet.

The transaction is expected to become accretive to Dun & Bradstreet's adjusted EPS beginning in 2016. It is expected to dilute 2015 earnings per share by about 2 percent, before deal related expenses including amortization and deal costs, and to be neutral to 2015 free cash flow.