Dun & Bradstreet Credibility Corp., headed by SAM client Jeffrey M. Stibel, the former CEO of Web.com and former GM at United Online, completed its most recent financing transaction for $100M. Dun & Bradstreet said Thursday afternoon that it has secured $100M in financing from Great Hill Partners. The firm said it has also acquired the North American Credit-on-Self division of D&B (NYSE: DNB), in a deal worth approximately $100M. The firm said that Dun & Bradstreet Credibility Corp. will provide a service to help businesses to establish, monitor, and build their business credit and credibility. Stibel serves as Chairman and CEO. The company also said that Great Hill Partners has committed an additional $100M above and beyond the purchase price, to invest in the business. Stibel sits on the boards of Los Angeles-based CDN Edgecast, Irvine's Autobytel, Los Angeles-based The Search Agency, and other firms.
To view the SoCal Tech article regarding the financing, click here.
To view the SoCal Tech interview with Jeffrey Stibel, click here.
